Shares of VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) rose 0.4% on Monday . The company traded as high as $24.16 and last traded at $24.14. 3,683 shares changed hands during trading, a decline of 38% from the average session volume of 5,902 shares. The stock had previously closed at $24.05.
VanEck China Bond ETF Stock Performance
The firm’s 50-day moving average price is $23.92 and its two-hundred day moving average price is $23.67. The firm has a market cap of $26.55 million, a PE ratio of -185.69 and a beta of 0.12.
Institutional Investors Weigh In On VanEck China Bond ETF
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new position in VanEck China Bond ETF in the fourth quarter valued at $26,000. Rockefeller Capital Management L.P. increased its position in shares of VanEck China Bond ETF by 426.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock worth $138,000 after purchasing an additional 4,889 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of VanEck China Bond ETF by 2.1% in the 3rd quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock valued at $883,000 after purchasing an additional 815 shares during the last quarter. Client First Investment Management LLC purchased a new stake in shares of VanEck China Bond ETF in the 2nd quarter valued at about $1,159,000. Finally, OLD Mission Capital LLC boosted its position in shares of VanEck China Bond ETF by 23.8% in the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after purchasing an additional 9,858 shares during the period. 14.60% of the stock is owned by hedge funds and other institutional investors.
About VanEck China Bond ETF
The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.
See Also
- Five stocks we like better than VanEck China Bond ETF
- Securing AI: 5 Most-Upgraded Stocks From the Q2 Reporting Season
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
Receive News & Ratings for VanEck China Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck China Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
