Comprehensive Money Management Services LLC Decreases Holdings in VanEck International High Yield Bond ETF $IHY

Comprehensive Money Management Services LLC trimmed its holdings in shares of VanEck International High Yield Bond ETF (NYSEARCA:IHY) by 2.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 64,509 shares of the company’s stock after selling 1,905 shares during the quarter. VanEck International High Yield Bond ETF makes up 1.1% of Comprehensive Money Management Services LLC’s holdings, making the stock its 21st biggest holding. Comprehensive Money Management Services LLC’s holdings in VanEck International High Yield Bond ETF were worth $1,422,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of VanEck International High Yield Bond ETF by 45.0% during the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock valued at $60,000 after buying an additional 884 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of VanEck International High Yield Bond ETF during the 1st quarter valued at about $60,000. Dunhill Financial LLC purchased a new stake in shares of VanEck International High Yield Bond ETF during the 1st quarter valued at about $294,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of VanEck International High Yield Bond ETF during the 1st quarter valued at about $369,000.

VanEck International High Yield Bond ETF Trading Down 0.2%

Shares of NYSEARCA IHY opened at $21.79 on Friday. The firm’s 50-day moving average price is $22.08 and its 200-day moving average price is $21.69. The stock has a market capitalization of $45.76 million, a price-to-earnings ratio of 62.17 and a beta of 0.45. VanEck International High Yield Bond ETF has a 12-month low of $20.23 and a 12-month high of $22.43.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.