VanEck Emerging Markets High Yield Bond ETF $HYEM Position Trimmed by LexAurum Advisors LLC

LexAurum Advisors LLC lowered its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 78.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,148 shares of the company’s stock after selling 74,176 shares during the quarter. LexAurum Advisors LLC’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $404,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its position in shares of VanEck Emerging Markets High Yield Bond ETF by 14.4% in the 1st quarter. Royal Bank of Canada now owns 175,757 shares of the company’s stock worth $3,454,000 after acquiring an additional 22,168 shares during the period. Jones Financial Companies Lllp bought a new position in VanEck Emerging Markets High Yield Bond ETF in the 1st quarter valued at $25,000. Jane Street Group LLC increased its position in VanEck Emerging Markets High Yield Bond ETF by 23.5% in the 1st quarter. Jane Street Group LLC now owns 167,832 shares of the company’s stock valued at $3,298,000 after acquiring an additional 31,899 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter worth approximately $42,000. Finally, Endowment Wealth Management Inc. bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter valued at about $210,000.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

Shares of NYSEARCA HYEM opened at $20.15 on Tuesday. The firm has a 50 day moving average price of $20.01 and a 200 day moving average price of $20.00. VanEck Emerging Markets High Yield Bond ETF has a 52-week low of $18.43 and a 52-week high of $20.22.

VanEck Emerging Markets High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.1152 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from VanEck Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.11.

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.