VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Strong Trading Volume – Here’s What Happened

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) shares saw an uptick in trading volume on Friday . 601,565 shares changed hands during mid-day trading, an increase of 180% from the previous session’s volume of 214,660 shares.The stock last traded at $20.11 and had previously closed at $20.13.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.1%

The business has a fifty day moving average of $20.11 and a 200 day moving average of $20.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter worth approximately $25,000. Camelot Portfolios LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF during the 4th quarter valued at $27,000. Advisory Services Network LLC bought a new position in VanEck Emerging Markets High Yield Bond ETF during the third quarter worth $45,000. MRP Capital Investments LLC bought a new position in VanEck Emerging Markets High Yield Bond ETF during the third quarter worth $56,000. Finally, Harbour Investments Inc. increased its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 11.5% in the fourth quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock valued at $98,000 after purchasing an additional 510 shares during the last quarter.

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.