Financial Architects LLC Sells 1,640 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Financial Architects LLC lessened its holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 0.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 239,821 shares of the company’s stock after selling 1,640 shares during the quarter. VanEck Emerging Markets High Yield Bond ETF accounts for approximately 2.9% of Financial Architects LLC’s investment portfolio, making the stock its 13th biggest holding. Financial Architects LLC owned 1.18% of VanEck Emerging Markets High Yield Bond ETF worth $4,753,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in HYEM. OLD Mission Capital LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth $5,958,000. Empowered Funds LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth $4,638,000. Cetera Investment Advisers acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth $2,147,000. LPL Financial LLC increased its holdings in VanEck Emerging Markets High Yield Bond ETF by 45.1% during the first quarter. LPL Financial LLC now owns 234,997 shares of the company’s stock worth $4,618,000 after buying an additional 73,016 shares during the last quarter. Finally, Belpointe Asset Management LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth $1,403,000.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of HYEM opened at $19.92 on Friday. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $18.43 and a 1-year high of $20.20. The company’s fifty day simple moving average is $20.03 and its 200 day simple moving average is $19.68.

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.