VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Sees Large Volume Increase – Here’s What Happened

Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) saw unusually-strong trading volume on Tuesday . Approximately 519,737 shares changed hands during trading, an increase of 151% from the previous session’s volume of 207,479 shares.The stock last traded at $20.22 and had previously closed at $20.17.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

The business has a 50-day moving average of $20.05 and a two-hundred day moving average of $20.02.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HYEM. Jones Financial Companies Lllp purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 1st quarter worth $25,000. Camelot Portfolios LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 4th quarter worth $27,000. Advisory Services Network LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth $45,000. MRP Capital Investments LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth $56,000. Finally, Harbour Investments Inc. grew its stake in VanEck Emerging Markets High Yield Bond ETF by 11.5% during the 4th quarter. Harbour Investments Inc. now owns 4,936 shares of the company’s stock worth $98,000 after buying an additional 510 shares during the last quarter.

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.