VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) Stock Price Down 0.4% – Should You Sell?

VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) shares fell 0.4% during trading on Monday . The company traded as low as $20.06 and last traded at $20.10. 131,327 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 145,989 shares. The stock had previously closed at $20.19.

VanEck Emerging Markets High Yield Bond ETF Stock Performance

The firm has a 50 day moving average price of $19.99 and a 200-day moving average price of $19.99.

VanEck Emerging Markets High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be paid a dividend of $0.1152 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. This is a positive change from VanEck Emerging Markets High Yield Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend is Monday, February 2nd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its stake in shares of VanEck Emerging Markets High Yield Bond ETF by 22.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 77,188 shares of the company’s stock worth $1,535,000 after purchasing an additional 14,344 shares during the period. Camelot Portfolios LLC bought a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 4th quarter valued at about $27,000. Trademark Financial Management LLC raised its position in shares of VanEck Emerging Markets High Yield Bond ETF by 7.4% in the 4th quarter. Trademark Financial Management LLC now owns 32,663 shares of the company’s stock valued at $650,000 after acquiring an additional 2,262 shares during the period. Belpointe Asset Management LLC raised its position in shares of VanEck Emerging Markets High Yield Bond ETF by 3.7% in the 4th quarter. Belpointe Asset Management LLC now owns 71,814 shares of the company’s stock valued at $1,428,000 after acquiring an additional 2,568 shares during the period. Finally, AE Wealth Management LLC boosted its stake in VanEck Emerging Markets High Yield Bond ETF by 4.5% during the 4th quarter. AE Wealth Management LLC now owns 191,537 shares of the company’s stock worth $3,810,000 after acquiring an additional 8,262 shares during the last quarter.

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.