VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Strong Trading Volume – Should You Buy?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEMGet Free Report) shares saw an uptick in trading volume on Wednesday . Approximately 512,625 shares changed hands during trading, an increase of 160% from the previous session’s volume of 197,005 shares.The stock last traded at $19.7650 and had previously closed at $19.79.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.1%

The company has a fifty day moving average of $20.00 and a two-hundred day moving average of $20.01.

Institutional Investors Weigh In On VanEck Emerging Markets High Yield Bond ETF

Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE boosted its position in VanEck Emerging Markets High Yield Bond ETF by 167.4% during the first quarter. Bank of America Corp DE now owns 4,431,238 shares of the company’s stock worth $87,428,000 after purchasing an additional 2,774,036 shares in the last quarter. Assetmark Inc. raised its position in VanEck Emerging Markets High Yield Bond ETF by 13.2% during the first quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock worth $14,390,000 after acquiring an additional 84,849 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 7.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 279,294 shares of the company’s stock valued at $5,617,000 after purchasing an additional 19,892 shares during the last quarter. Creative Financial Designs Inc. ADV raised its position in shares of VanEck Emerging Markets High Yield Bond ETF by 10.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 187,315 shares of the company’s stock worth $3,726,000 after purchasing an additional 17,343 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in VanEck Emerging Markets High Yield Bond ETF by 15.2% during the 1st quarter. Royal Bank of Canada now owns 166,713 shares of the company’s stock valued at $3,289,000 after buying an additional 21,980 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Company Profile

(Get Free Report)

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.

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