Rareview Capital LLC Acquires 47,798 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Rareview Capital LLC raised its holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 254.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,617 shares of the company’s stock after acquiring an additional 47,798 shares during the period. Rareview Capital LLC’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $1,320,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in HYEM. OLD Mission Capital LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $5,958,000. Empowered Funds LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $4,638,000. Systelligence LLC acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the second quarter valued at about $4,631,000. Cetera Investment Advisers acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the first quarter valued at about $2,147,000. Finally, LPL Financial LLC boosted its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 45.1% during the first quarter. LPL Financial LLC now owns 234,997 shares of the company’s stock valued at $4,618,000 after purchasing an additional 73,016 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of HYEM stock opened at $19.93 on Tuesday. The business’s 50-day moving average price is $20.03 and its 200-day moving average price is $19.79. VanEck Emerging Markets High Yield Bond ETF has a 12 month low of $18.43 and a 12 month high of $20.20.

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.