VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Large Volume Increase – Should You Buy?

Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw unusually-strong trading volume on Friday . Approximately 601,565 shares traded hands during mid-day trading, an increase of 180% from the previous session’s volume of 214,660 shares.The stock last traded at $20.11 and had previously closed at $20.13.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.1%

The firm has a fifty day moving average of $20.11 and a 200-day moving average of $20.03.

Institutional Investors Weigh In On VanEck Emerging Markets High Yield Bond ETF

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

About VanEck Emerging Markets High Yield Bond ETF

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.