Client First Investment Management LLC Acquires New Holdings in VanEck China Bond ETF $CBON

Client First Investment Management LLC bought a new stake in VanEck China Bond ETF (NYSEARCA:CBON) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 48,632 shares of the company’s stock, valued at approximately $1,159,000. VanEck China Bond ETF makes up about 0.5% of Client First Investment Management LLC’s investment portfolio, making the stock its 21st largest position.

Other hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in shares of VanEck China Bond ETF during the fourth quarter worth $26,000. Rockefeller Capital Management L.P. grew its holdings in shares of VanEck China Bond ETF by 426.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after buying an additional 4,889 shares during the period. Susquehanna International Group LLP increased its position in shares of VanEck China Bond ETF by 2.1% in the 3rd quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock valued at $883,000 after buying an additional 815 shares in the last quarter. Finally, OLD Mission Capital LLC increased its position in shares of VanEck China Bond ETF by 23.8% in the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after buying an additional 9,858 shares in the last quarter. 14.60% of the stock is currently owned by institutional investors and hedge funds.

VanEck China Bond ETF Trading Up 0.0%

Shares of VanEck China Bond ETF stock opened at $23.95 on Friday. The stock’s fifty day simple moving average is $23.87 and its 200 day simple moving average is $23.54. The company has a market capitalization of $26.34 million, a PE ratio of -184.23 and a beta of 0.12. VanEck China Bond ETF has a 12 month low of $22.15 and a 12 month high of $24.06.

About VanEck China Bond ETF

The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.