JPMorgan Chase & Co. Lowers Stock Holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

JPMorgan Chase & Co. cut its holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 13.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 155,194 shares of the company’s stock after selling 24,844 shares during the period. JPMorgan Chase & Co.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $3,087,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Redhawk Wealth Advisors Inc. lifted its position in VanEck Emerging Markets High Yield Bond ETF by 31.3% during the third quarter. Redhawk Wealth Advisors Inc. now owns 523,662 shares of the company’s stock worth $10,416,000 after buying an additional 124,918 shares during the period. LexAurum Advisors LLC boosted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 22.7% in the third quarter. LexAurum Advisors LLC now owns 69,944 shares of the company’s stock worth $1,391,000 after acquiring an additional 12,932 shares during the last quarter. Verde Capital Management grew its holdings in VanEck Emerging Markets High Yield Bond ETF by 4.0% in the third quarter. Verde Capital Management now owns 49,750 shares of the company’s stock valued at $990,000 after purchasing an additional 1,896 shares during the period. Koss Olinger Consulting LLC increased its position in VanEck Emerging Markets High Yield Bond ETF by 2.8% during the third quarter. Koss Olinger Consulting LLC now owns 1,196,082 shares of the company’s stock worth $23,790,000 after purchasing an additional 33,076 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its stake in VanEck Emerging Markets High Yield Bond ETF by 18.1% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 191,753 shares of the company’s stock worth $3,814,000 after purchasing an additional 29,333 shares during the period.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA HYEM opened at $19.64 on Monday. The firm has a fifty day moving average of $19.61 and a 200-day moving average of $19.56. VanEck Emerging Markets High Yield Bond ETF has a 52-week low of $18.30 and a 52-week high of $19.92.

VanEck Emerging Markets High Yield Bond ETF 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.