Assetmark Inc. Buys 84,849 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Assetmark Inc. lifted its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 13.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 729,335 shares of the company’s stock after purchasing an additional 84,849 shares during the period. Assetmark Inc. owned about 2.91% of VanEck Emerging Markets High Yield Bond ETF worth $14,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in HYEM. Bank of America Corp DE increased its stake in VanEck Emerging Markets High Yield Bond ETF by 29.4% in the 3rd quarter. Bank of America Corp DE now owns 1,426,955 shares of the company’s stock worth $28,610,000 after acquiring an additional 324,339 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 4th quarter worth about $2,558,000. Jane Street Group LLC purchased a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 4th quarter worth about $1,882,000. Sound Income Strategies LLC boosted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 3.3% during the 4th quarter. Sound Income Strategies LLC now owns 2,100,916 shares of the company’s stock worth $42,186,000 after purchasing an additional 66,206 shares during the period. Finally, Scotia Capital Inc. bought a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $985,000.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of NYSEARCA HYEM opened at $20.03 on Monday. VanEck Emerging Markets High Yield Bond ETF has a 1 year low of $19.45 and a 1 year high of $20.36. The firm has a 50-day simple moving average of $20.09 and a two-hundred day simple moving average of $20.04.

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.