Belpointe Asset Management LLC Has $1.62 Million Position in VanEck Emerging Markets High Yield Bond ETF $HYEM

Belpointe Asset Management LLC lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 14.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,607 shares of the company’s stock after purchasing an additional 10,212 shares during the quarter. Belpointe Asset Management LLC owned 0.40% of VanEck Emerging Markets High Yield Bond ETF worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HYEM. Jones Financial Companies Lllp bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter worth $25,000. Costello Asset Management INC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter valued at $37,000. Ameritas Advisory Services LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 2nd quarter worth $42,000. Advisors Preferred LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 1st quarter worth $221,000. Finally, Trademark Financial Management LLC increased its holdings 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 worth $381,000 after purchasing an additional 1,169 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of HYEM stock opened at $20.01 on Tuesday. The business’s 50-day moving average price is $20.03 and its 200-day moving average price is $19.68. VanEck Emerging Markets High Yield Bond ETF has a 12 month low of $18.43 and a 12 month high of $20.20.

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.