Envestnet Asset Management Inc. Has $1.45 Million Position in VanEck Emerging Markets High Yield Bond ETF $HYEM

Envestnet Asset Management Inc. lessened its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 27.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 72,269 shares of the company’s stock after selling 27,364 shares during the period. Envestnet Asset Management Inc. owned about 0.33% of VanEck Emerging Markets High Yield Bond ETF worth $1,449,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in HYEM. Focus Financial Network Inc. acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter worth approximately $765,000. Rockefeller Capital Management L.P. bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the 2nd quarter worth approximately $805,000. Able Wealth Management LLC grew its position in VanEck Emerging Markets High Yield Bond ETF by 21.1% during the 2nd quarter. Able Wealth Management LLC now owns 27,291 shares of the company’s stock worth $541,000 after acquiring an additional 4,750 shares during the last quarter. AE Wealth Management LLC increased its holdings in VanEck Emerging Markets High Yield Bond ETF by 4.4% during the 2nd quarter. AE Wealth Management LLC now owns 172,570 shares of the company’s stock valued at $3,420,000 after purchasing an additional 7,345 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in VanEck Emerging Markets High Yield Bond ETF by 245.9% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 39,130 shares of the company’s stock valued at $785,000 after purchasing an additional 27,818 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

VanEck Emerging Markets High Yield Bond ETF stock opened at $20.26 on Monday. The business’s fifty day moving average is $20.09 and its two-hundred day moving average is $20.03. VanEck Emerging Markets High Yield Bond ETF has a 52 week low of $18.43 and a 52 week high of $20.34.

VanEck Emerging Markets High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1152 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 6.8%. This is an increase from VanEck Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.11.

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.