VanEck China Bond ETF (NYSEARCA:CBON – Get Free Report) shares traded down 0.1% during mid-day trading on Monday. The stock traded as low as $24.22 and last traded at $24.28. 13,426 shares changed hands during trading, an increase of 88% from the average daily volume of 7,150 shares. The stock had previously closed at $24.30.
VanEck China Bond ETF Stock Performance
The stock has a market cap of $33.99 million, a PE ratio of -186.77 and a beta of 0.12. The firm has a 50-day moving average price of $24.16 and a 200-day moving average price of $23.72.
Institutional Trading of VanEck China Bond ETF
An institutional investor recently raised its stake in VanEck China Bond ETF stock. Client First Investment Management LLC boosted its position in VanEck China Bond ETF (NYSEARCA:CBON – Free Report) by 148.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 121,045 shares of the company’s stock after purchasing an additional 72,413 shares during the quarter. VanEck China Bond ETF makes up approximately 1.4% of Client First Investment Management LLC’s investment portfolio, making the stock its 13th largest holding. Client First Investment Management LLC owned about 10.09% of VanEck China Bond ETF worth $2,923,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 14.60% of the company’s stock.
VanEck China Bond ETF Company Profile
The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.
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