Sonoma Allocations LLC Purchases 69,162 Shares of VanEck Emerging Markets High Yield Bond ETF $HYEM

Sonoma Allocations LLC grew its position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 124.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 124,658 shares of the company’s stock after buying an additional 69,162 shares during the period. VanEck Emerging Markets High Yield Bond ETF makes up 0.9% of Sonoma Allocations LLC’s portfolio, making the stock its 25th largest position. Sonoma Allocations LLC owned approximately 0.48% of VanEck Emerging Markets High Yield Bond ETF worth $2,492,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bank of America Corp DE raised its stake in VanEck Emerging Markets High Yield Bond ETF by 167.4% during the 1st quarter. Bank of America Corp DE now owns 4,431,238 shares of the company’s stock worth $87,428,000 after buying an additional 2,774,036 shares during the period. Goldman Sachs Group Inc. acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the fourth quarter valued at about $2,558,000. Jane Street Group LLC acquired a new position in VanEck Emerging Markets High Yield Bond ETF in the fourth quarter valued at about $1,882,000. Assetmark Inc. grew its stake in VanEck Emerging Markets High Yield Bond ETF by 13.2% in the first quarter. Assetmark Inc. now owns 729,335 shares of the company’s stock valued at $14,390,000 after acquiring an additional 84,849 shares during the period. Finally, Scotia Capital Inc. bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the third quarter worth about $985,000.

VanEck Emerging Markets High Yield Bond ETF Stock Up 0.1%

NYSEARCA HYEM opened at $20.02 on Friday. The stock’s 50-day moving average is $20.07 and its 200-day moving average is $20.04. VanEck Emerging Markets High Yield Bond ETF has a one year low of $19.45 and a one year high of $20.36.

VanEck Emerging Markets High Yield Bond ETF 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.