VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Shares Down 0.2% – Time to Sell?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)’s stock price fell 0.2% during mid-day trading on Tuesday . The company traded as low as $19.93 and last traded at $19.94. 76,570 shares changed hands during trading, a decline of 62% from the average daily volume of 200,650 shares. The stock had previously closed at $19.97.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.5%

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

Institutional Trading of VanEck Emerging Markets High Yield Bond ETF

Institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in VanEck Emerging Markets High Yield Bond ETF in the third quarter worth approximately $45,000. Harbour Investments Inc. boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 11.5% in the fourth quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock worth $98,000 after purchasing an additional 510 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF in the 4th quarter worth approximately $130,000. Finally, Purpose Unlimited Inc. bought a new stake in VanEck Emerging Markets High Yield Bond ETF in the 4th quarter worth approximately $155,000.

About VanEck Emerging Markets High Yield Bond ETF

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.