Cetera Investment Advisers Sells 3,926 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Cetera Investment Advisers lowered its stake in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 3.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,333 shares of the company’s stock after selling 3,926 shares during the quarter. Cetera Investment Advisers owned about 0.52% of VanEck Emerging Markets High Yield Bond ETF worth $2,088,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of HYEM. OLD Mission Capital LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter worth about $5,958,000. Empowered Funds LLC bought a new position in VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $4,638,000. Systelligence LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter valued at approximately $4,631,000. LPL Financial LLC lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 45.1% in the 1st quarter. LPL Financial LLC now owns 234,997 shares of the company’s stock worth $4,618,000 after acquiring an additional 73,016 shares during the period. Finally, Belpointe Asset Management LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the 1st quarter worth approximately $1,403,000.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of NYSEARCA HYEM opened at $19.81 on Friday. The business has a fifty day simple moving average of $19.96 and a 200 day simple moving average of $19.87. VanEck Emerging Markets High Yield Bond ETF has a one year low of $18.43 and a one year high of $20.20.

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.