Acorn Wealth Advisors LLC Raises Holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Acorn Wealth Advisors LLC increased its holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 22.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,821 shares of the company’s stock after acquiring an additional 4,487 shares during the quarter. Acorn Wealth Advisors LLC owned approximately 0.13% of VanEck Emerging Markets High Yield Bond ETF worth $494,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Crewe Advisors LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 3rd quarter worth $182,000. TrinityPoint Wealth LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the third quarter valued at about $200,000. Thrivent Financial for Lutherans boosted its holdings in VanEck Emerging Markets High Yield Bond ETF by 13.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 13,677 shares of the company’s stock valued at $272,000 after purchasing an additional 1,649 shares in the last quarter. Trademark Financial Management LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth approximately $364,000. Finally, Able Wealth Management LLC raised its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 19.9% during the 3rd quarter. Able Wealth Management LLC now owns 18,286 shares of the company’s stock worth $364,000 after buying an additional 3,036 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of NYSEARCA:HYEM traded up $0.05 on Monday, reaching $19.62. 5,699 shares of the company were exchanged, compared to its average volume of 123,551. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $18.00 and a 1-year high of $19.92. The company has a 50-day moving average of $19.69 and a 200-day moving average of $19.43.

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.