Hennion & Walsh Asset Management Inc. Acquires 15,110 Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Hennion & Walsh Asset Management Inc. lifted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 10.5% in the first quarter, Holdings Channel.com reports. The fund owned 158,860 shares of the company’s stock after purchasing an additional 15,110 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $3,031,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HYEM. Banque Cantonale Vaudoise grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 34.2% in the first quarter. Banque Cantonale Vaudoise now owns 3,020 shares of the company’s stock worth $58,000 after acquiring an additional 770 shares during the last quarter. Waterloo Capital L.P. purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the fourth quarter worth $332,000. Eudaimonia Partners LLC grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 36.0% in the fourth quarter. Eudaimonia Partners LLC now owns 22,512 shares of the company’s stock worth $417,000 after acquiring an additional 5,958 shares during the last quarter. Redhawk Wealth Advisors Inc. purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the fourth quarter valued at $626,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 66.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 38,875 shares of the company’s stock valued at $720,000 after buying an additional 15,566 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Down 0.4 %

VanEck Emerging Markets High Yield Bond ETF stock opened at $19.14 on Friday. VanEck Emerging Markets High Yield Bond ETF has a one year low of $17.37 and a one year high of $19.30. The business’s fifty day moving average is $19.05 and its 200 day moving average is $18.87.

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.