Envestnet Asset Management Inc. grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM – Free Report) by 30.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 99,633 shares of the company’s stock after acquiring an additional 23,541 shares during the quarter. Envestnet Asset Management Inc.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $1,975,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of HYEM. OLD Mission Capital LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 1st quarter valued at about $5,958,000. Empowered Funds LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 1st quarter valued at $4,638,000. Systelligence LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF during the 2nd quarter worth $4,631,000. Cetera Investment Advisers bought a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter worth about $2,147,000. Finally, LPL Financial LLC grew its stake in VanEck Emerging Markets High Yield Bond ETF by 45.1% in the first quarter. LPL Financial LLC now owns 234,997 shares of the company’s stock valued at $4,618,000 after acquiring an additional 73,016 shares during the period.
VanEck Emerging Markets High Yield Bond ETF Stock Performance
Shares of HYEM stock opened at $19.91 on Wednesday. VanEck Emerging Markets High Yield Bond ETF has a 52 week low of $18.43 and a 52 week high of $20.20. The company’s 50 day moving average price is $20.00 and its two-hundred day moving average price is $19.84.
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.
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Want to see what other hedge funds are holding HYEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM – Free Report).
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