Empowered Funds LLC Takes Position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Empowered Funds LLC purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) during the third quarter, Holdings Channel reports. The institutional investor purchased 231,722 shares of the company’s stock, valued at approximately $4,586,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Verde Capital Management raised its stake in VanEck Emerging Markets High Yield Bond ETF by 4.0% in the 3rd quarter. Verde Capital Management now owns 49,750 shares of the company’s stock valued at $990,000 after acquiring an additional 1,896 shares during the period. Tidal Investments LLC lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 5.8% during the first quarter. Tidal Investments LLC now owns 34,729 shares of the company’s stock worth $663,000 after acquiring an additional 1,900 shares in the last quarter. Aspect Partners LLC boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 4.5% in the second quarter. Aspect Partners LLC now owns 51,341 shares of the company’s stock worth $983,000 after acquiring an additional 2,203 shares during the period. Able Wealth Management LLC grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 19.9% in the third quarter. Able Wealth Management LLC now owns 18,286 shares of the company’s stock valued at $364,000 after purchasing an additional 3,036 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 2.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 162,420 shares of the company’s stock valued at $3,109,000 after purchasing an additional 3,560 shares during the period.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of HYEM 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 stock’s 50-day simple moving average is $19.68 and its 200 day simple moving average is $19.40.

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.