VanEck China Bond ETF (NYSEARCA:CBON) Trading Down 0.1% – Should You Sell?

VanEck China Bond ETF (NYSEARCA:CBON) shares fell 0.1% on Monday . The stock traded as low as $22.07 and last traded at $22.11. 207 shares were traded during trading, a decline of 94% from the average session volume of 3,209 shares. The stock had previously closed at $22.13.

VanEck China Bond ETF Price Performance

The business’s fifty day moving average is $22.05 and its two-hundred day moving average is $22.25.

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 boosted its position in VanEck China Bond ETF (NYSEARCA:CBON) by 64.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund 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.