VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC Stock: Collaborative Fund Advisors LLC Trims Stake

Collaborative Fund Advisors LLC trimmed its position in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 28.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,072 shares of the company’s stock after selling 38,664 shares during the quarter. VanEck J.P. Morgan EM Local Currency Bond ETF makes up approximately 1.3% of Collaborative Fund Advisors LLC’s holdings, making the stock its 14th largest position. Collaborative Fund Advisors LLC’s holdings in VanEck J.P. Morgan EM Local Currency Bond ETF were worth $2,410,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Family CFO Inc acquired a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at $1,548,000. Evergreen Private Wealth LLC increased its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 2.5% in the 3rd quarter. Evergreen Private Wealth LLC now owns 72,926 shares of the company’s stock worth $1,811,000 after acquiring an additional 1,774 shares during the period. Payden & Rygel increased its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 49.7% in the 3rd quarter. Payden & Rygel now owns 2,316,707 shares of the company’s stock worth $57,524,000 after acquiring an additional 769,249 shares during the period. Root Financial Partners LLC bought a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter valued at about $59,000. Finally, Pension & Wealth Management Advisors Inc. lifted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 3.0% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 26,180 shares of the company’s stock valued at $650,000 after purchasing an additional 761 shares during the last quarter.

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

VanEck J.P. Morgan EM Local Currency Bond ETF stock opened at $24.68 on Thursday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 52-week low of $24.45 and a 52-week high of $26.63. The firm has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $25.51.

VanEck J.P. Morgan EM Local Currency Bond ETF Company Profile

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. The Fund invests at least 80% of its total assets in securities that comprise the Index. The Fund may also utilize convertible securities and derivative instruments, such as swaps, options, warrants, futures contracts, currency forwards, structured notes and participation notes to seek performance that corresponds to the Index.