VanEck China Bond ETF (NYSEARCA:CBON) Trading Down 0% – What’s Next?

VanEck China Bond ETF (NYSEARCA:CBON)’s stock price was down 0% during mid-day trading on Thursday . The stock traded as low as $22.05 and last traded at $22.08. Approximately 1,498 shares were traded during trading, a decline of 60% from the average daily volume of 3,786 shares. The stock had previously closed at $22.09.

VanEck China Bond ETF Stock Performance

The company has a 50-day moving average of $22.42 and a 200 day moving average of $22.18.

Institutional Investors Weigh In On VanEck China Bond ETF

A hedge fund recently raised its stake in VanEck China Bond ETF stock. Jane Street Group LLC grew its holdings in VanEck China Bond ETF (NYSEARCA:CBON) by 64.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,987 shares of the company’s stock after purchasing an additional 40,743 shares during the period. Jane Street Group LLC owned about 9.45% of VanEck China Bond ETF worth $2,371,000 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.