Fortress Wealth Management Inc. Sells 16,978 Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Fortress Wealth Management Inc. trimmed its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 27.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,669 shares of the company’s stock after selling 16,978 shares during the quarter. Fortress Wealth Management Inc. owned 0.24% of VanEck Emerging Markets High Yield Bond ETF worth $889,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Endeavor Private Wealth Inc. bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the 4th quarter valued at $46,000. Crewe Advisors LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the third quarter worth about $182,000. TrinityPoint Wealth LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter worth about $200,000. Thrivent Financial for Lutherans grew its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 13,677 shares of the company’s stock valued at $272,000 after purchasing an additional 1,649 shares during the last quarter. Finally, Synovus Financial Corp acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth approximately $276,000.

VanEck Emerging Markets High Yield Bond ETF Stock Up 0.3 %

NYSEARCA HYEM opened at $19.79 on Tuesday. VanEck Emerging Markets High Yield Bond ETF has a fifty-two week low of $18.57 and a fifty-two week high of $19.92. The firm’s fifty day moving average price is $19.61 and its two-hundred day moving average price is $19.58.

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.