Dunhill Financial LLC Raises Holdings in VanEck International High Yield Bond ETF $IHY

Dunhill Financial LLC grew its holdings in VanEck International High Yield Bond ETF (NYSEARCA:IHY) by 118.5% in the third quarter, Holdings Channel reports. The firm owned 257,508 shares of the company’s stock after buying an additional 139,632 shares during the quarter. VanEck International High Yield Bond ETF accounts for about 1.5% of Dunhill Financial LLC’s portfolio, making the stock its 15th biggest position. Dunhill Financial LLC owned 0.12% of VanEck International High Yield Bond ETF worth $5,687,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its position in shares of VanEck International High Yield Bond ETF by 45.0% during the first quarter. Jones Financial Companies Lllp now owns 2,850 shares of the company’s stock valued at $60,000 after buying an additional 884 shares during the last quarter. Bank of America Corp DE lifted its stake in VanEck International High Yield Bond ETF by 7.1% during the 2nd quarter. Bank of America Corp DE now owns 9,165 shares of the company’s stock valued at $202,000 after acquiring an additional 610 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of VanEck International High Yield Bond ETF during the 2nd quarter valued at about $272,000. Osaic Holdings Inc. grew its stake in shares of VanEck International High Yield Bond ETF by 5.1% in the second quarter. Osaic Holdings Inc. now owns 14,469 shares of the company’s stock worth $319,000 after acquiring an additional 700 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of VanEck International High Yield Bond ETF by 6.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 17,024 shares of the company’s stock valued at $377,000 after purchasing an additional 1,092 shares during the last quarter.

VanEck International High Yield Bond ETF Stock Up 0.1%

Shares of VanEck International High Yield Bond ETF stock opened at $22.25 on Friday. VanEck International High Yield Bond ETF has a twelve month low of $20.23 and a twelve month high of $22.50. The company’s 50 day moving average is $22.16 and its 200 day moving average is $22.06. The company has a market cap of $51.18 million, a price-to-earnings ratio of 62.17 and a beta of 0.43.

VanEck International High Yield Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0987 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, February 2nd.

VanEck International High Yield Bond ETF Company Profile

The VanEck International High Yield Bond ETF (IHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of international corporate bonds rated below investment grade and denominated in developed-market currencies. IHY was launched on Apr 2, 2012 and is managed by VanEck.