Koss Olinger Consulting LLC Reduces Holdings in VanEck Emerging Markets High Yield Bond ETF $HYEM

Koss Olinger Consulting LLC decreased its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 6.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,185,411 shares of the company’s stock after selling 86,377 shares during the period. VanEck Emerging Markets High Yield Bond ETF accounts for approximately 1.9% of Koss Olinger Consulting LLC’s investment portfolio, making the stock its 15th largest position. Koss Olinger Consulting LLC owned 5.81% of VanEck Emerging Markets High Yield Bond ETF worth $23,495,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 30.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 99,633 shares of the company’s stock valued at $1,975,000 after buying an additional 23,541 shares during the period. Trademark Financial Management LLC grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 55.2% in the 2nd quarter. Trademark Financial Management LLC now owns 30,097 shares of the company’s stock valued at $597,000 after buying an additional 10,702 shares during the period. Uhlmann Price Securities LLC purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter valued at approximately $212,000. Systelligence LLC purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter valued at approximately $4,631,000. Finally, Endowment Wealth Management Inc. acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the second quarter valued at about $210,000.

VanEck Emerging Markets High Yield Bond ETF Price Performance

NYSEARCA HYEM opened at $19.93 on Monday. The firm’s 50-day moving average is $20.03 and its two-hundred day moving average is $19.74. VanEck Emerging Markets High Yield Bond ETF has a 12 month low of $18.43 and a 12 month high of $20.20.

About VanEck Emerging Markets High Yield Bond ETF

The VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index that measures the performance of sub-investment-grade corporate debt from emerging markets. HYEM was launched on May 9, 2012 and is managed by VanEck.