Jones Financial Companies Lllp Invests $40,000 in VanEck International High Yield Bond ETF (NYSEARCA:IHY)

Jones Financial Companies Lllp bought a new stake in VanEck International High Yield Bond ETF (NYSEARCA:IHY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,966 shares of the company’s stock, valued at approximately $40,000. Jones Financial Companies Lllp owned approximately 0.13% of VanEck International High Yield Bond ETF as of its most recent SEC filing.

Separately, Hennion & Walsh Asset Management Inc. grew its position in VanEck International High Yield Bond ETF by 8.7% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 17,260 shares of the company’s stock valued at $353,000 after buying an additional 1,383 shares in the last quarter.

VanEck International High Yield Bond ETF Stock Up 0.7 %

Shares of IHY opened at $21.20 on Wednesday. The firm has a 50-day moving average price of $20.83 and a 200 day moving average price of $20.95. The firm has a market capitalization of $23.32 million, a PE ratio of 61.66 and a beta of 0.52. VanEck International High Yield Bond ETF has a 52-week low of $20.16 and a 52-week high of $21.63.

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.