Seed Wealth Management Inc. Lowers Position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Seed Wealth Management Inc. decreased its holdings in shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 24.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,895 shares of the company’s stock after selling 17,500 shares during the period. Seed Wealth Management Inc.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $1,012,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sound Income Strategies LLC raised its position in shares of VanEck Emerging Markets High Yield Bond ETF by 1.6% during the 1st quarter. Sound Income Strategies LLC now owns 1,982,213 shares of the company’s stock valued at $37,821,000 after buying an additional 31,762 shares in the last quarter. International Assets Investment Management LLC bought a new stake in VanEck Emerging Markets High Yield Bond ETF during the fourth quarter worth about $13,335,000. Assetmark Inc. lifted its stake in VanEck Emerging Markets High Yield Bond ETF by 13.0% during the fourth quarter. Assetmark Inc. now owns 608,749 shares of the company’s stock worth $11,268,000 after purchasing an additional 69,944 shares during the last quarter. Cape Cod Five Cents Savings Bank boosted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 97.5% in the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 395,528 shares of the company’s stock worth $7,048,000 after purchasing an additional 195,304 shares in the last quarter. Finally, Acima Private Wealth LLC increased its position in shares of VanEck Emerging Markets High Yield Bond ETF by 2.7% during the 4th quarter. Acima Private Wealth LLC now owns 356,189 shares of the company’s stock valued at $6,593,000 after purchasing an additional 9,331 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of NYSEARCA HYEM traded up $0.04 during trading hours on Thursday, reaching $19.22. 18,506 shares of the stock traded hands, compared to its average volume of 134,621. The company’s 50-day simple moving average is $19.05 and its two-hundred day simple moving average is $18.86. VanEck Emerging Markets High Yield Bond ETF has a 52-week low of $17.37 and a 52-week high of $19.30.

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.