13,691 Shares in VanEck International High Yield Bond ETF $IHY Acquired by BTS Asset Management Inc.

BTS Asset Management Inc. bought a new position in VanEck International High Yield Bond ETF (NYSEARCA:IHY) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 13,691 shares of the company’s stock, valued at approximately $302,000. VanEck International High Yield Bond ETF makes up about 0.4% of BTS Asset Management Inc.’s portfolio, making the stock its 25th biggest holding. BTS Asset Management Inc. owned about 0.72% of VanEck International High Yield Bond ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in VanEck International High Yield Bond ETF in the 1st quarter worth approximately $369,000. Investment Advisory Group LLC purchased a new stake in VanEck International High Yield Bond ETF in the 2nd quarter worth approximately $355,000. Banque Cantonale Vaudoise purchased a new stake in VanEck International High Yield Bond ETF in the 1st quarter worth approximately $60,000. Finally, Jones Financial Companies Lllp increased its holdings in VanEck International High Yield Bond ETF by 45.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock worth $60,000 after acquiring an additional 884 shares in the last quarter.

VanEck International High Yield Bond ETF Trading Down 0.1%

VanEck International High Yield Bond ETF stock opened at $21.98 on Wednesday. The firm has a 50 day moving average of $22.08 and a 200 day moving average of $21.74. The firm has a market capitalization of $46.16 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.

About VanEck International High Yield Bond ETF

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.