Assetmark Inc. Sells 38,793 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Assetmark Inc. decreased its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 5.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 625,180 shares of the company’s stock after selling 38,793 shares during the quarter. Assetmark Inc. owned 2.85% of VanEck Emerging Markets High Yield Bond ETF worth $12,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Systelligence LLC purchased a new stake in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter worth approximately $4,631,000. Bank of America Corp DE boosted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 11.4% during the second quarter. Bank of America Corp DE now owns 1,102,616 shares of the company’s stock valued at $21,854,000 after buying an additional 113,040 shares during the last quarter. Rareview Capital LLC boosted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 254.0% during the second quarter. Rareview Capital LLC now owns 66,617 shares of the company’s stock valued at $1,320,000 after buying an additional 47,798 shares during the last quarter. Rockefeller Capital Management L.P. bought a new stake in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter worth about $805,000. Finally, Optivise Advisory Services LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter worth about $776,000.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

HYEM stock opened at $20.18 on Monday. The stock’s fifty day moving average price is $20.03 and its 200-day moving average price is $20.00. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $18.43 and a 1 year high of $20.25.

VanEck Emerging Markets High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1152 per share. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Monday, February 2nd. This is a positive change from VanEck Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.11.

VanEck Emerging Markets High Yield Bond ETF Company 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.