41,978 Shares in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Purchased by Napa Wealth Management

Napa Wealth Management purchased a new stake in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 41,978 shares of the company’s stock, valued at approximately $835,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HYEM. Koss Olinger Consulting LLC grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 2.8% in the 3rd quarter. Koss Olinger Consulting LLC now owns 1,196,082 shares of the company’s stock valued at $23,790,000 after purchasing an additional 33,076 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 3.1% during the third quarter. Assetmark Inc. now owns 729,033 shares of the company’s stock worth $14,500,000 after purchasing an additional 21,765 shares during the period. Redhawk Wealth Advisors Inc. grew its position in VanEck Emerging Markets High Yield Bond ETF by 31.3% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 523,662 shares of the company’s stock valued at $10,416,000 after buying an additional 124,918 shares during the last quarter. Empowered Funds LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter valued at $4,586,000. Finally, Financial Architects LLC increased its stake in VanEck Emerging Markets High Yield Bond ETF by 1.6% in the 3rd quarter. Financial Architects LLC now owns 231,221 shares of the company’s stock valued at $4,599,000 after buying an additional 3,705 shares during the period.

VanEck Emerging Markets High Yield Bond ETF Trading Down 0.5 %

Shares of VanEck Emerging Markets High Yield Bond ETF stock opened at $19.56 on Monday. VanEck Emerging Markets High Yield Bond ETF has a 52-week low of $17.74 and a 52-week high of $19.92. The company’s 50-day simple moving average is $19.68 and its 200-day simple moving average is $19.40.

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.