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

VanEck China Bond ETF (NYSEARCA:CBON) shares dropped 0% during mid-day trading on Monday . The stock traded as low as $21.86 and last traded at $21.86. Approximately 2,832 shares changed hands during mid-day trading, an increase of 117% from the average daily volume of 1,305 shares. The stock had previously closed at $21.87.

VanEck China Bond ETF Stock Down 0.0 %

The business has a fifty day moving average price of $22.09 and a 200 day moving average price of $22.23.

Institutional Trading of VanEck China Bond ETF

A hedge fund recently raised its stake in VanEck China Bond ETF stock. Jane Street Group LLC lifted its stake in shares of VanEck China Bond ETF (NYSEARCA:CBON) by 64.4% during the third quarter, according to the company in its most recent filing with the Securities & 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 9.45% of VanEck China Bond ETF worth $2,371,000 at the end of the most recent quarter.

About VanEck China Bond ETF

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.