Fortress Wealth Management Inc. Sells 16,978 Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Fortress Wealth Management Inc. trimmed its stake in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 27.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,669 shares of the company’s stock after selling 16,978 shares during the period. Fortress Wealth Management Inc.’s holdings in VanEck Emerging Markets High Yield Bond ETF were worth $889,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Geneos Wealth Management Inc. increased its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 2.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 41,221 shares of the company’s stock valued at $803,000 after buying an additional 1,179 shares during the period. Thrivent Financial for Lutherans grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 13.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 13,677 shares of the company’s stock worth $272,000 after buying an additional 1,649 shares during the period. Verde Capital Management grew its position in shares of VanEck Emerging Markets High Yield Bond ETF by 4.0% during the 3rd quarter. Verde Capital Management now owns 49,750 shares of the company’s stock worth $990,000 after buying an additional 1,896 shares during the period. Endeavor Private Wealth Inc. acquired a new stake in shares of VanEck Emerging Markets High Yield Bond ETF during the 4th quarter worth approximately $46,000. Finally, Tidal Investments LLC lifted its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 7.4% in the 3rd quarter. Tidal Investments LLC now owns 40,868 shares of the company’s stock worth $809,000 after purchasing an additional 2,814 shares in the last quarter.

VanEck Emerging Markets High Yield Bond ETF Trading Up 0.3 %

Shares of HYEM opened at $19.79 on Tuesday. VanEck Emerging Markets High Yield Bond ETF has a 12-month low of $18.57 and a 12-month high of $19.92. The business’s fifty day moving average is $19.61 and its 200 day moving average is $19.58.

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.