Redhawk Wealth Advisors Inc. Sells 499,781 Shares of VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM)

Redhawk Wealth Advisors Inc. lessened its holdings in VanEck Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM) by 95.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,881 shares of the company’s stock after selling 499,781 shares during the quarter. Redhawk Wealth Advisors Inc. owned approximately 0.13% of VanEck Emerging Markets High Yield Bond ETF worth $465,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Crewe Advisors LLC bought a new position in shares of VanEck Emerging Markets High Yield Bond ETF during the third quarter valued at $182,000. TrinityPoint Wealth LLC acquired a new stake in VanEck Emerging Markets High Yield Bond ETF in the third quarter valued at $200,000. Thrivent Financial for Lutherans raised its position 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 purchasing an additional 1,649 shares during the last quarter. Synovus Financial Corp acquired a new position in VanEck Emerging Markets High Yield Bond ETF during the 3rd quarter worth about $276,000. Finally, Able Wealth Management LLC grew its position 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 buying an additional 3,036 shares during the last quarter.

VanEck Emerging Markets High Yield Bond ETF Price Performance

Shares of HYEM stock opened at $19.60 on Friday. VanEck Emerging Markets High Yield Bond ETF has a 1-year low of $18.30 and a 1-year high of $19.92. The stock has a 50-day moving average of $19.61 and a 200-day moving average of $19.55.

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.