VanEck China Bond ETF $CBON Stock: Client First Investment Management LLC Increases Holdings

Client First Investment Management LLC increased its holdings in VanEck China Bond ETF (NYSEARCA:CBON) by 148.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 121,045 shares of the company’s stock after buying an additional 72,413 shares during the quarter. VanEck China Bond ETF comprises 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 10.09% of VanEck China Bond ETF worth $2,923,000 at the end of the most recent quarter.

Separately, Rockefeller Capital Management L.P. lifted its position in shares of VanEck China Bond ETF by 426.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock worth $138,000 after purchasing an additional 4,889 shares during the last quarter. Institutional investors own 14.60% of the company’s stock.

VanEck China Bond ETF Trading Down 0.2%

Shares of CBON stock opened at $24.13 on Friday. VanEck China Bond ETF has a 12-month low of $22.30 and a 12-month high of $24.25. The company has a market cap of $28.96 million, a price-to-earnings ratio of -185.62 and a beta of 0.12. The stock has a 50 day simple moving average of $24.10 and a 200-day simple moving average of $23.85.

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.