SBI Securities Co. Ltd. Makes New $33,000 Investment in VanEck International High Yield Bond ETF (NYSEARCA:IHY)

SBI Securities Co. Ltd. purchased a new position in shares of VanEck International High Yield Bond ETF (NYSEARCA:IHY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,591 shares of the company’s stock, valued at approximately $33,000. SBI Securities Co. Ltd. owned about 0.11% of VanEck International High Yield Bond ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Orion Portfolio Solutions LLC lifted its holdings in shares of VanEck International High Yield Bond ETF by 2.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 41,308 shares of the company’s stock valued at $893,000 after purchasing an additional 931 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of 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 purchasing an additional 1,383 shares during the last quarter. Finally, Jones Financial Companies Lllp purchased a new stake in shares of VanEck International High Yield Bond ETF in the 4th quarter valued at about $40,000.

VanEck International High Yield Bond ETF Stock Performance

VanEck International High Yield Bond ETF stock opened at $21.10 on Thursday. VanEck International High Yield Bond ETF has a fifty-two week low of $20.16 and a fifty-two week high of $21.63. The company has a market capitalization of $23.21 million, a P/E ratio of 61.66 and a beta of 0.52. The stock has a 50-day simple moving average of $20.78 and a 200-day simple moving average of $20.96.

About VanEck International High Yield Bond ETF

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.