VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Large Volume Increase – Here’s What Happened

Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw strong trading volume on Tuesday . 519,737 shares changed hands during trading, an increase of 151% from the previous session’s volume of 207,479 shares.The stock last traded at $20.22 and had previously closed at $20.17.

VanEck Emerging Markets High Yield Bond ETF Trading Up 0.3%

The stock has a 50 day moving average of $20.05 and a 200-day moving average of $20.02.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 3.3% during the 4th quarter. Sound Income Strategies LLC now owns 2,100,916 shares of the company’s stock valued at $42,186,000 after purchasing an additional 66,206 shares in the last quarter. Farther Finance Advisors LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 684.1% during the 4th quarter. Farther Finance Advisors LLC now owns 33,450 shares of the company’s stock valued at $665,000 after purchasing an additional 29,184 shares in the last quarter. Belpointe Asset Management LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 3.7% during the 4th quarter. Belpointe Asset Management LLC now owns 71,814 shares of the company’s stock valued at $1,428,000 after purchasing an additional 2,568 shares in the last quarter. AE Wealth Management LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 4.5% during the 4th quarter. AE Wealth Management LLC now owns 191,537 shares of the company’s stock valued at $3,810,000 after purchasing an additional 8,262 shares in the last quarter. Finally, Key Capital Management INC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 4th quarter valued at $151,000.

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.