Client First Investment Management LLC Buys 72,413 Shares of VanEck China Bond ETF $CBON

Client First Investment Management LLC raised its position in shares of VanEck China Bond ETF (NYSEARCA:CBON) by 148.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,045 shares of the company’s stock after purchasing an additional 72,413 shares during the period. VanEck China Bond ETF accounts for about 1.4% of Client First Investment Management LLC’s investment portfolio, making the stock its 13th largest position. Client First Investment Management LLC owned approximately 0.10% of VanEck China Bond ETF worth $2,923,000 at the end of the most recent reporting period.

Separately, Rockefeller Capital Management L.P. raised its stake in shares of VanEck China Bond ETF by 426.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after purchasing an additional 4,889 shares in the last quarter. 14.60% of the stock is currently owned by institutional investors and hedge funds.

VanEck China Bond ETF Price Performance

Shares of NYSEARCA:CBON opened at $24.13 on Friday. VanEck China Bond ETF has a fifty-two week low of $22.30 and a fifty-two week high of $24.25. The business’s fifty day moving average price is $24.10 and its two-hundred day moving average price is $23.85. The stock has a market capitalization of $28.96 million, a price-to-earnings ratio of -185.62 and a beta of 0.12.

VanEck China Bond ETF Company Profile

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.