VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Stock Price Down 0.3% – Time to Sell?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) fell 0.3% on Thursday . The company traded as low as $19.97 and last traded at $19.99. 125,703 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 197,986 shares. The stock had previously closed at $20.06.

VanEck Emerging Markets High Yield Bond ETF Price Performance

The stock has a fifty day moving average price of $19.94 and a two-hundred day moving average price of $19.99.

Hedge Funds Weigh In On VanEck Emerging Markets High Yield Bond ETF

Institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the first quarter worth $25,000. Camelot Portfolios LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the fourth quarter worth $27,000. Advisory Services Network LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter worth $45,000. MRP Capital Investments LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter worth $56,000. Finally, Harbour Investments Inc. raised its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 11.5% in the fourth quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock worth $98,000 after acquiring an additional 510 shares during the last quarter.

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.