Dunhill Financial LLC Acquires 139,632 Shares of VanEck International High Yield Bond ETF $IHY

Dunhill Financial LLC increased its holdings in VanEck International High Yield Bond ETF (NYSEARCA:IHY) by 118.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 257,508 shares of the company’s stock after acquiring an additional 139,632 shares during the quarter. VanEck International High Yield Bond ETF comprises about 1.5% of Dunhill Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Dunhill Financial LLC owned about 11.70% of VanEck International High Yield Bond ETF worth $5,687,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IHY. RPg Family Wealth Advisory LLC purchased a new stake in VanEck International High Yield Bond ETF in the second quarter worth about $7,486,000. Sykon Capital LLC grew its stake in shares of VanEck International High Yield Bond ETF by 348.5% in the 2nd quarter. Sykon Capital LLC now owns 247,703 shares of the company’s stock worth $5,462,000 after buying an additional 192,475 shares during the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of VanEck International High Yield Bond ETF in the 2nd quarter worth approximately $1,276,000. Envestnet Asset Management Inc. bought a new position in VanEck International High Yield Bond ETF during the 3rd quarter valued at approximately $501,000. Finally, NewSquare Capital LLC raised its stake in VanEck International High Yield Bond ETF by 21.1% during the second quarter. NewSquare Capital LLC now owns 77,101 shares of the company’s stock valued at $1,700,000 after buying an additional 13,411 shares during the last quarter.

VanEck International High Yield Bond ETF Trading Up 0.1%

VanEck International High Yield Bond ETF stock opened at $22.25 on Friday. VanEck International High Yield Bond ETF has a 12 month low of $20.23 and a 12 month high of $22.50. The business’s fifty day simple moving average is $22.16 and its two-hundred day simple moving average is $22.06. The company has a market capitalization of $51.18 million, a price-to-earnings ratio of 62.17 and a beta of 0.43.

VanEck International High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0987 dividend. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Monday, February 2nd.

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.