VanEck China Bond ETF (NYSEARCA:CBON) Stock Price Up 0.4% – Here’s What Happened

VanEck China Bond ETF (NYSEARCA:CBON)’s stock price shot up 0.4% during trading on Monday . The stock traded as high as $22.29 and last traded at $22.17. 9,101 shares changed hands during trading, an increase of 157% from the average session volume of 3,547 shares. The stock had previously closed at $22.09.

VanEck China Bond ETF Stock Performance

The business’s 50-day moving average is $22.05 and its 200-day moving average is $22.21.

Institutional Trading of VanEck China Bond ETF

An institutional investor recently raised its position in VanEck China Bond ETF stock. Jane Street Group LLC lifted its stake in VanEck China Bond ETF (NYSEARCA:CBON) by 64.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 103,987 shares of the company’s stock after buying an additional 40,743 shares during the period. Jane Street Group LLC owned approximately 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.