VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sets New 1-Year Low – Time to Sell?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) hit a new 52-week low during trading on Monday. The company traded as low as $19.20 and last traded at $19.21, with a volume of 4,427 shares changing hands. The stock had previously closed at $19.29.

VanEck Emerging Markets High Yield Bond ETF Stock Down 0.2%

The company has a fifty day moving average of $19.59 and a two-hundred day moving average of $19.93.

Institutional Investors Weigh In On VanEck Emerging Markets High Yield Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Costello Asset Management INC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter worth $25,000. Mather Group LLC. bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth about $48,000. SBI Securities Co. Ltd. acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at about $98,000. Kingswood Wealth Advisors LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at about $203,000. Finally, DGS Capital Management LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $212,000.

VanEck Emerging Markets High Yield Bond ETF Company 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.