Investors purchased shares of Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) on weakness during trading hours on Monday. $42.30 million flowed into the stock on the tick-up and $5.49 million flowed out of the stock on the tick-down, for a money net flow of $36.81 million into the stock. Of all companies tracked, Market Vectors Emerging Mkts Local ETF had the 24th highest net in-flow for the day. Market Vectors Emerging Mkts Local ETF traded down ($0.22) for the day and closed at $18.97

The company also recently declared a monthly dividend, which was paid on Friday, April 6th. Shareholders of record on Tuesday, April 3rd were given a $0.0917 dividend. This is a positive change from Market Vectors Emerging Mkts Local ETF’s previous monthly dividend of $0.09. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date was Monday, April 2nd.

Institutional investors and hedge funds have recently bought and sold shares of the business. Ackerman Capital Advisors LLC bought a new position in shares of Market Vectors Emerging Mkts Local ETF during the fourth quarter worth $2,407,000. Sawtooth Solutions LLC bought a new position in shares of Market Vectors Emerging Mkts Local ETF during the fourth quarter worth $681,000. Banco de Sabadell S.A bought a new position in shares of Market Vectors Emerging Mkts Local ETF during the fourth quarter worth $266,000. Blue Edge Capital LLC boosted its position in shares of Market Vectors Emerging Mkts Local ETF by 13.4% during the fourth quarter. Blue Edge Capital LLC now owns 148,860 shares of the company’s stock worth $2,825,000 after acquiring an additional 17,634 shares during the last quarter. Finally, PFS Investments Inc. bought a new position in shares of Market Vectors Emerging Mkts Local ETF during the fourth quarter worth $484,000.

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About Market Vectors Emerging Mkts Local 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.

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