VanEck International High Yield Bond ETF (NYSEARCA:IHY) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its holdings in VanEck International High Yield Bond ETF (NYSEARCA:IHY) by 2.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 41,308 shares of the company’s stock after purchasing an additional 931 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in VanEck International High Yield Bond ETF were worth $893,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IHY. BTS Asset Management Inc. purchased a new stake in shares of VanEck International High Yield Bond ETF in the 3rd quarter valued at approximately $331,000. Hennion & Walsh Asset Management Inc. increased its holdings in VanEck International High Yield Bond ETF by 3.3% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 15,999 shares of the company’s stock valued at $329,000 after purchasing an additional 516 shares during the last quarter. Finally, NewSquare Capital LLC raised its position in VanEck International High Yield Bond ETF by 15.1% in the second quarter. NewSquare Capital LLC now owns 46,560 shares of the company’s stock valued at $956,000 after purchasing an additional 6,115 shares during the period.

VanEck International High Yield Bond ETF Stock Down 0.0 %

IHY opened at $20.81 on Monday. VanEck International High Yield Bond ETF has a 52 week low of $20.16 and a 52 week high of $21.63. The business has a fifty day simple moving average of $20.99 and a 200-day simple moving average of $20.97. The firm has a market cap of $31.22 million, a P/E ratio of 0.34 and a beta of 0.36.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.