VanEck China Bond ETF (NYSEARCA:CBON) Stock Price Up 0.4% – What’s Next?

VanEck China Bond ETF (NYSEARCA:CBON) shares traded up 0.4% during mid-day trading on Monday . The stock traded as high as $22.29 and last traded at $22.17. 9,101 shares traded hands during mid-day trading, an increase of 157% from the average session volume of 3,547 shares. The stock had previously closed at $22.09.

VanEck China Bond ETF Price Performance

The stock’s fifty day simple moving average is $22.05 and its 200-day simple moving average is $22.21.

Institutional Investors Weigh In On VanEck China Bond ETF

An institutional investor recently bought a new position in VanEck China Bond ETF stock. Comprehensive Money Management Services LLC bought a new position in VanEck China Bond ETF (NYSEARCA:CBON) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,570 shares of the company’s stock, valued at approximately $211,000. Comprehensive Money Management Services LLC owned about 1.06% of VanEck China Bond ETF as of its most recent filing with the Securities and Exchange Commission.

About VanEck China Bond ETF

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.