Hennion & Walsh Asset Management Inc. Boosts Stock Position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Hennion & Walsh Asset Management Inc. boosted its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 32.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 254,914 shares of the company’s stock after acquiring an additional 63,161 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $4,963,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Crewe Advisors LLC purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter worth about $182,000. TrinityPoint Wealth LLC purchased a new stake in VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter worth approximately $200,000. Thrivent Financial for Lutherans grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 13,677 shares of the company’s stock worth $272,000 after buying an additional 1,649 shares during the last quarter. Synovus Financial Corp purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at approximately $276,000. Finally, Able Wealth Management LLC boosted its holdings in 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 acquiring an additional 3,036 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of NYSEARCA HYEM opened at $19.89 on Thursday. The firm has a fifty day simple moving average of $19.61 and a two-hundred day simple moving average of $19.55. VanEck Emerging Markets High Yield Bond ETF has a 12 month low of $18.30 and a 12 month high of $19.92.

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.