Madison Asset Management LLC Takes Position in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Madison Asset Management LLC acquired a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 511,961 shares of the company’s stock, valued at approximately $13,219,000. Madison Asset Management LLC owned about 0.29% of VanEck J.P. Morgan EM Local Currency Bond ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EMLC. Root Financial Partners LLC purchased a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at $72,000. IFP Advisors Inc grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 57.4% during the third quarter. IFP Advisors Inc now owns 3,291 shares of the company’s stock valued at $84,000 after buying an additional 1,200 shares during the last quarter. SBI Securities Co. Ltd. grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 7.6% during the third quarter. SBI Securities Co. Ltd. now owns 8,405 shares of the company’s stock valued at $214,000 after buying an additional 592 shares during the last quarter. Patrick Mauro Investment Advisor INC. purchased a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at $270,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 3,418.1% during the fourth quarter. Farther Finance Advisors LLC now owns 10,871 shares of the company’s stock valued at $281,000 after buying an additional 10,562 shares during the last quarter.

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

Shares of EMLC opened at $25.51 on Thursday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1-year low of $24.30 and a 1-year high of $26.63. The company’s fifty day moving average price is $25.50 and its 200-day moving average price is $25.77.

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. 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.