VanEck Dynamic High Income ETF (NYSEARCA:INC) Shares Up 0.7%

VanEck Dynamic High Income ETF (NYSEARCA:INC)’s stock price shot up 0.7% during trading on Wednesday . The company traded as high as $27.10 and last traded at $27.10. 39 shares changed hands during trading, a decline of 93% from the average session volume of 559 shares. The stock had previously closed at $26.92.

VanEck Dynamic High Income ETF Stock Up 0.7 %

The firm’s fifty day moving average is $26.56 and its 200-day moving average is $25.96.

Institutional Investors Weigh In On VanEck Dynamic High Income ETF

A hedge fund recently raised its stake in VanEck Dynamic High Income ETF stock. Citadel Advisors LLC lifted its holdings in shares of VanEck Dynamic High Income ETF (NYSEARCA:INC) by 12.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,868 shares of the company’s stock after acquiring an additional 1,073 shares during the period. Citadel Advisors LLC owned approximately 32.89% of VanEck Dynamic High Income ETF worth $263,000 at the end of the most recent reporting period.

About VanEck Dynamic High Income ETF

The VanEck Dynamic High Income ETF (INC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio that provides broad exposure across income-producing asset classes. The fund invests in US-listed ETPs selected for income and risk-adjusted returns.