Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM – Get Free Report) hit a new 52-week low during trading on Tuesday. The stock traded as low as $19.45 and last traded at $19.4560, with a volume of 97588 shares traded. The stock had previously closed at $19.56.
VanEck Emerging Markets High Yield Bond ETF Stock Down 0.5%
The firm has a fifty day moving average of $19.94 and a two-hundred day moving average of $19.99.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Ferguson Shapiro LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the second quarter valued at approximately $1,658,000. Focus Financial Network Inc. boosted its stake in VanEck Emerging Markets High Yield Bond ETF by 7.6% during the second quarter. Focus Financial Network Inc. now owns 43,247 shares of the company’s stock valued at $870,000 after buying an additional 3,045 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in VanEck Emerging Markets High Yield Bond ETF by 7.7% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 279,294 shares of the company’s stock worth $5,617,000 after buying an additional 19,892 shares in the last quarter. Sonoma Allocations LLC grew its position in VanEck Emerging Markets High Yield Bond ETF by 124.6% during the second quarter. Sonoma Allocations LLC now owns 124,658 shares of the company’s stock worth $2,492,000 after buying an additional 69,162 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in VanEck Emerging Markets High Yield Bond ETF by 167.4% in the 1st quarter. Bank of America Corp DE now owns 4,431,238 shares of the company’s stock worth $87,428,000 after acquiring an additional 2,774,036 shares during the last quarter.
VanEck Emerging Markets High Yield Bond ETF Company Profile
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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