VanEck China Bond ETF (NYSEARCA:CBON) Trading Down 0.5%

VanEck China Bond ETF (NYSEARCA:CBON) shares were down 0.5% during mid-day trading on Wednesday . The company traded as low as $21.73 and last traded at $21.81. Approximately 4,119 shares traded hands during trading, a decline of 16% from the average daily volume of 4,927 shares. The stock had previously closed at $21.92.

VanEck China Bond ETF Trading Down 0.5 %

The stock’s 50-day moving average is $21.90 and its 200-day moving average is $21.83.

Institutional Trading of VanEck China Bond ETF

An institutional investor recently bought a new position in VanEck China Bond ETF stock. Fisher Asset Management LLC acquired a new stake in VanEck China Bond ETF (NYSEARCA:CBON) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,951 shares of the company’s stock, valued at approximately $574,000. Fisher Asset Management LLC owned approximately 1.53% of VanEck China Bond ETF as of its most recent SEC filing.

VanEck China Bond ETF Company Profile

The VanEck China Bond ETF (CBON) is an exchange-traded fund that is based on the ChinaBond China High Quality Bond index. The fund tracks an investment-grade, broad-maturity government\u002Fcredit onshore RMB-denominated China bond index. CBON was launched on Nov 10, 2014 and is managed by VanEck.