VanEck China Bond ETF (NYSEARCA:CBON) Shares Up 0.4% – What’s Next?

VanEck China Bond ETF (NYSEARCA:CBON) traded up 0.4% on Monday . The company traded as high as $24.16 and last traded at $24.14. 3,683 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 5,902 shares. The stock had previously closed at $24.05.

VanEck China Bond ETF Stock Up 0.4%

The firm has a market capitalization of $26.55 million, a price-to-earnings ratio of -185.69 and a beta of 0.12. The company has a fifty day moving average price of $23.92 and a two-hundred day moving average price of $23.67.

Institutional Trading of VanEck China Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of CBON. Susquehanna International Group LLP boosted its stake in VanEck China Bond ETF by 2.1% during the 3rd quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock worth $883,000 after purchasing an additional 815 shares during the period. Kestra Advisory Services LLC acquired a new position in VanEck China Bond ETF in the fourth quarter valued at $26,000. OLD Mission Capital LLC increased its stake in VanEck China Bond ETF by 23.8% in the fourth quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after purchasing an additional 9,858 shares during the period. Rockefeller Capital Management L.P. increased its stake in VanEck China Bond ETF by 426.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after purchasing an additional 4,889 shares during the period. Finally, Client First Investment Management LLC purchased a new stake in shares of VanEck China Bond ETF in the second quarter valued at about $1,159,000. Hedge funds and other institutional investors own 14.60% of the company’s stock.

VanEck China Bond ETF Company Profile

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.