Jane Street Group LLC Cuts Stock Position in VanEck International High Yield Bond ETF (NYSEARCA:IHY)

Jane Street Group LLC lessened its stake in VanEck International High Yield Bond ETF (NYSEARCA:IHY) by 60.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 47,869 shares of the company’s stock after selling 73,575 shares during the quarter. Jane Street Group LLC owned approximately 3.19% of VanEck International High Yield Bond ETF worth $1,035,000 at the end of the most recent reporting period.

Separately, BTS Asset Management Inc. purchased a new stake in shares of VanEck International High Yield Bond ETF during the third quarter worth $331,000.

VanEck International High Yield Bond ETF Price Performance

VanEck International High Yield Bond ETF stock opened at $20.56 on Tuesday. VanEck International High Yield Bond ETF has a 52-week low of $20.16 and a 52-week high of $21.63. The firm has a market capitalization of $30.84 million, a price-to-earnings ratio of 0.34 and a beta of 0.36. The company has a fifty day simple moving average of $20.86 and a 200-day simple moving average of $20.97.

VanEck International High Yield Bond ETF 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.