SBI Securities Co. Ltd. Increases Stock Position in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

SBI Securities Co. Ltd. raised its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 11.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,479 shares of the company’s stock after buying an additional 795 shares during the period. SBI Securities Co. Ltd.’s holdings in VanEck J.P. Morgan EM Local Currency Bond ETF were worth $178,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EMLC. Ameriprise Financial Inc. boosted its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 15.4% in the fourth quarter. Ameriprise Financial Inc. now owns 106,532 shares of the company’s stock valued at $2,462,000 after acquiring an additional 14,215 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 17.3% in the first quarter. Janney Montgomery Scott LLC now owns 174,265 shares of the company’s stock valued at $4,158,000 after buying an additional 25,679 shares in the last quarter. Farther Finance Advisors LLC increased its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 1,365.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,319 shares of the company’s stock worth $30,000 after purchasing an additional 1,229 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 1,919.0% during the fourth quarter. Captrust Financial Advisors now owns 246,557 shares of the company’s stock worth $5,698,000 after purchasing an additional 234,345 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 53.4% during the fourth quarter. BNP Paribas Financial Markets now owns 2,555,021 shares of the company’s stock worth $59,047,000 after acquiring an additional 889,300 shares during the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Performance

Shares of EMLC stock opened at $25.11 on Friday. VanEck J.P. Morgan EM Local Currency Bond ETF has a one year low of $22.94 and a one year high of $25.55. The firm’s 50 day moving average price is $24.85 and its 200-day moving average price is $24.14.

About VanEck J.P. Morgan EM Local Currency Bond ETF

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.