Synovus Financial Corp Makes New $276,000 Investment in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Synovus Financial Corp purchased a new position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,896 shares of the company’s stock, valued at approximately $276,000. Synovus Financial Corp owned approximately 0.07% of VanEck Emerging Markets High Yield Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Tidal Investments LLC grew its position in VanEck Emerging Markets High Yield Bond ETF by 7.4% in the 3rd quarter. Tidal Investments LLC now owns 40,868 shares of the company’s stock valued at $809,000 after buying an additional 2,814 shares in the last quarter. MML Investors Services LLC boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 8.0% in the third quarter. MML Investors Services LLC now owns 76,080 shares of the company’s stock valued at $1,513,000 after acquiring an additional 5,668 shares in the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 239.1% during the third quarter. Orion Portfolio Solutions LLC now owns 216,116 shares of the company’s stock valued at $4,299,000 after acquiring an additional 152,381 shares during the period. Acorn Wealth Advisors LLC raised its holdings in VanEck Emerging Markets High Yield Bond ETF by 22.1% during the third quarter. Acorn Wealth Advisors LLC now owns 24,821 shares of the company’s stock worth $494,000 after purchasing an additional 4,487 shares in the last quarter. Finally, Crewe Advisors LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the third quarter worth approximately $182,000.

VanEck Emerging Markets High Yield Bond ETF Stock Down 1.2 %

Shares of NYSEARCA HYEM opened at $19.51 on Thursday. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $18.30 and a 1 year high of $19.92. The stock has a fifty day moving average price of $19.66 and a two-hundred day moving average price of $19.49.

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.