VanEck China Bond ETF (NYSEARCA:CBON) Stock Price Down 0.1% – Should You Sell?

VanEck China Bond ETF (NYSEARCA:CBONGet Free Report) traded down 0.1% on Thursday . The stock traded as low as $23.88 and last traded at $23.93. Approximately 2,023 shares traded hands during trading, a decline of 67% from the average session volume of 6,060 shares. The stock had previously closed at $23.95.

VanEck China Bond ETF Stock Down 0.1%

The stock has a market cap of $26.32 million, a PE ratio of -184.08 and a beta of 0.12. The firm has a fifty day moving average of $23.86 and a 200 day moving average of $23.47.

Institutional Trading of VanEck China Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP lifted its position in VanEck China Bond ETF by 2.1% in the third quarter. Susquehanna International Group LLP now owns 39,435 shares of the company’s stock valued at $883,000 after acquiring an additional 815 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of VanEck China Bond ETF during the fourth quarter worth about $26,000. Rockefeller Capital Management L.P. lifted its holdings in shares of VanEck China Bond ETF by 426.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,035 shares of the company’s stock valued at $138,000 after purchasing an additional 4,889 shares during the last quarter. OLD Mission Capital LLC boosted its position in shares of VanEck China Bond ETF by 23.8% in the 4th quarter. OLD Mission Capital LLC now owns 51,213 shares of the company’s stock valued at $1,170,000 after purchasing an additional 9,858 shares during the period. Finally, Client First Investment Management LLC acquired a new stake in shares of VanEck China Bond ETF in the 2nd quarter valued at about $1,159,000. Institutional investors and hedge funds own 14.60% of the company’s stock.

About VanEck China Bond ETF

(Get Free Report)

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.

Further Reading

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