Sound Income Strategies LLC Raises Stock Position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Sound Income Strategies LLC raised its stake in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 3.8% in the 4th quarter, Holdings Channel reports. The firm owned 2,043,832 shares of the company’s stock after purchasing an additional 74,602 shares during the quarter. VanEck Emerging Markets High Yield Bond ETF accounts for 2.5% of Sound Income Strategies LLC’s investment portfolio, making the stock its 7th largest holding. Sound Income Strategies LLC owned approximately 0.11% of VanEck Emerging Markets High Yield Bond ETF worth $39,793,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Empowered Funds LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter valued at about $4,586,000. Orion Portfolio Solutions LLC increased its position in VanEck Emerging Markets High Yield Bond ETF by 239.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 216,116 shares of the company’s stock valued at $4,299,000 after purchasing an additional 152,381 shares during the period. Redhawk Wealth Advisors Inc. raised its holdings in VanEck Emerging Markets High Yield Bond ETF by 31.3% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 523,662 shares of the company’s stock worth $10,416,000 after purchasing an additional 124,918 shares during the last quarter. Optivise Advisory Services LLC acquired a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter worth approximately $1,377,000. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 32.9% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 254,914 shares of the company’s stock valued at $4,963,000 after purchasing an additional 63,161 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA HYEM opened at $19.70 on Friday. The firm has a fifty day simple moving average of $19.61 and a 200 day simple moving average of $19.57. VanEck Emerging Markets High Yield Bond ETF has a twelve month low of $18.57 and a twelve month high of $19.92.

VanEck Emerging Markets High Yield Bond ETF Company 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.