Sound Income Strategies LLC Sells 2,207 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Sound Income Strategies LLC reduced its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 0.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,075,894 shares of the company’s stock after selling 2,207 shares during the quarter. VanEck Emerging Markets High Yield Bond ETF comprises approximately 2.4% of Sound Income Strategies LLC’s holdings, making the stock its 7th largest position. Sound Income Strategies LLC owned approximately 0.10% of VanEck Emerging Markets High Yield Bond ETF worth $41,144,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in HYEM. AE Wealth Management LLC grew its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 0.5% in the first quarter. AE Wealth Management LLC now owns 165,225 shares of the company’s stock valued at $3,247,000 after purchasing an additional 826 shares in the last quarter. Trademark Financial Management LLC boosted its position in VanEck Emerging Markets High Yield Bond ETF by 6.4% in the 1st quarter. Trademark Financial Management LLC now owns 19,395 shares of the company’s stock valued at $381,000 after buying an additional 1,169 shares during the period. Jones Financial Companies Lllp acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the first quarter worth $25,000. Acorn Wealth Advisors LLC increased its position in shares of VanEck Emerging Markets High Yield Bond ETF by 5.0% during the first quarter. Acorn Wealth Advisors LLC now owns 27,664 shares of the company’s stock worth $544,000 after acquiring an additional 1,321 shares during the period. Finally, Verde Capital Management increased its position in shares of VanEck Emerging Markets High Yield Bond ETF by 2.8% during the second quarter. Verde Capital Management now owns 59,618 shares of the company’s stock worth $1,182,000 after acquiring an additional 1,616 shares during the period.

VanEck Emerging Markets High Yield Bond ETF Trading Up 0.2%

NYSEARCA:HYEM opened at $20.16 on Monday. VanEck Emerging Markets High Yield Bond ETF has a 12-month low of $18.43 and a 12-month high of $20.20. The stock has a fifty day moving average price of $20.02 and a 200 day moving average price of $19.67.

VanEck Emerging Markets High Yield Bond ETF 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.