Verde Capital Management Purchases 1,616 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Verde Capital Management increased its position in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 2.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 59,618 shares of the company’s stock after buying an additional 1,616 shares during the quarter. Verde Capital Management owned 0.30% of VanEck Emerging Markets High Yield Bond ETF worth $1,182,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Belpointe Asset Management LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter worth about $1,403,000. Integrity Alliance LLC. bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter worth about $995,000. Jane Street Group LLC boosted its position in VanEck Emerging Markets High Yield Bond ETF by 23.5% during the first quarter. Jane Street Group LLC now owns 167,832 shares of the company’s stock valued at $3,298,000 after purchasing an additional 31,899 shares during the last quarter. Empowered Funds LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at approximately $4,638,000. Finally, Jones Financial Companies Lllp acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at approximately $25,000.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA HYEM opened at $20.12 on Friday. The stock has a 50 day moving average price of $19.94 and a 200 day moving average price of $19.64. VanEck Emerging Markets High Yield Bond ETF has a 52 week low of $18.43 and a 52 week high of $20.16.

VanEck Emerging Markets High Yield Bond ETF 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.