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

VanEck China Bond ETF (NYSEARCA:CBON) shares shot up 0.4% on Monday . The stock traded as high as $22.29 and last traded at $22.17. 9,101 shares traded hands during mid-day trading, an increase of 157% from the average session volume of 3,547 shares. The stock had previously closed at $22.09.

VanEck China Bond ETF Price Performance

The firm has a fifty day moving average of $22.04 and a 200-day moving average of $22.22.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VanEck China Bond ETF stock. Jane Street Group LLC raised its stake in VanEck China Bond ETF (NYSEARCA:CBON) by 64.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 103,987 shares of the company’s stock after purchasing an additional 40,743 shares during the period. Jane Street Group LLC owned 9.45% of VanEck China Bond ETF worth $2,371,000 as of its most recent SEC filing.

About VanEck China Bond ETF

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.