Optivise Advisory Services LLC Invests $1.38 Million in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Optivise Advisory Services LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 69,221 shares of the company’s stock, valued at approximately $1,377,000.

A number of other large investors have also recently made changes to their positions in HYEM. TrinityPoint Wealth LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth $200,000. Thrivent Financial for Lutherans grew its holdings in 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 acquiring an additional 1,649 shares in the last quarter. Trademark Financial Management LLC purchased a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter valued at about $364,000. Able Wealth Management LLC raised its holdings in shares of VanEck Emerging Markets High Yield Bond ETF by 19.9% in the 3rd quarter. Able Wealth Management LLC now owns 18,286 shares of the company’s stock valued at $364,000 after purchasing an additional 3,036 shares in the last quarter. Finally, WCG Wealth Advisors LLC purchased a new stake in shares of VanEck Emerging Markets High Yield Bond ETF in the 2nd quarter worth approximately $457,000.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of HYEM stock opened at $19.57 on Friday. VanEck Emerging Markets High Yield Bond ETF has a 52-week low of $17.97 and a 52-week high of $19.92. The company’s 50 day moving average is $19.69 and its 200 day moving average is $19.42.

VanEck Emerging Markets High Yield Bond ETF Company Profile

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.