VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Position Reduced by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 97.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,991 shares of the company’s stock after selling 151,203 shares during the period. JPMorgan Chase & Co.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $78,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Endeavor Private Wealth Inc. bought a new position in VanEck Emerging Markets High Yield Bond ETF during the fourth quarter valued at about $46,000. SBI Securities Co. Ltd. acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the 4th quarter valued at about $96,000. Synovus Financial Corp bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $276,000. Thrivent Financial for Lutherans grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 3.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 14,216 shares of the company’s stock worth $280,000 after purchasing an additional 539 shares during the last quarter. Finally, Acorn Wealth Advisors LLC raised its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 6.1% in the 4th quarter. Acorn Wealth Advisors LLC now owns 26,343 shares of the company’s stock worth $513,000 after purchasing an additional 1,522 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

VanEck Emerging Markets High Yield Bond ETF stock opened at $19.24 on Wednesday. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $18.43 and a 1 year high of $19.92. The firm’s 50 day moving average price is $19.39 and its two-hundred day moving average price is $19.57.

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.