Verde Capital Management Buys 5,361 Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Verde Capital Management lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 10.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,111 shares of the company’s stock after purchasing an additional 5,361 shares during the quarter. Verde Capital Management’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $1,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HYEM. Endeavor Private Wealth Inc. acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the fourth quarter valued at approximately $46,000. Hennion & Walsh Asset Management Inc. grew its position in VanEck Emerging Markets High Yield Bond ETF by 32.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 254,914 shares of the company’s stock valued at $4,963,000 after purchasing an additional 63,161 shares during the period. International Assets Investment Management LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 4th quarter valued at $1,057,000. Synovus Financial Corp acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the third quarter worth $276,000. Finally, Tidal Investments LLC lifted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 7.4% in the third quarter. Tidal Investments LLC now owns 40,868 shares of the company’s stock valued at $809,000 after buying an additional 2,814 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.1 %

Shares of NYSEARCA HYEM opened at $19.70 on Friday. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $18.57 and a 1 year high of $19.92. The company has a 50-day moving average price of $19.61 and a 200-day moving average price of $19.57.

About VanEck Emerging Markets High Yield Bond ETF

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.