VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report)’s stock price fell 0.1% on Wednesday . The stock traded as low as $23.90 and last traded at $23.91. 23,016 shares were traded during trading, an increase of 272% from the average daily volume of 6,186 shares. The stock had previously closed at $23.94.
VanEck China Bond ETF Price Performance
The firm has a market capitalization of $21.47 million, a P/E ratio of -183.54 and a beta of 0.11. The stock’s 50-day simple moving average is $23.74 and its two-hundred day simple moving average is $23.27.
Hedge Funds Weigh In On VanEck China Bond ETF
Several hedge funds have recently made changes to their positions in CBON. Rockefeller Capital Management L.P. raised its stake in VanEck China Bond ETF by 426.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock worth $138,000 after acquiring an additional 4,889 shares during the last quarter. OLD Mission Capital LLC grew its stake in VanEck China Bond ETF by 23.8% during the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after purchasing an additional 9,858 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in VanEck China Bond ETF during the 4th quarter valued at about $26,000. Finally, Susquehanna International Group LLP increased its holdings in shares of VanEck China Bond ETF by 2.1% in the third quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock valued at $883,000 after purchasing an additional 815 shares during the period. 14.60% of the stock is owned by institutional investors and hedge funds.
VanEck China Bond ETF Company Profile
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.
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