VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC Stock Holdings Increased by Payden & Rygel

Payden & Rygel lifted its stake in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 49.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,316,707 shares of the company’s stock after buying an additional 769,249 shares during the quarter. VanEck J.P. Morgan EM Local Currency Bond ETF comprises 4.5% of Payden & Rygel’s portfolio, making the stock its 3rd biggest holding. Payden & Rygel owned 1.17% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $57,524,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Continuum Advisory LLC bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the 2nd quarter valued at approximately $31,000. Ascentis Independent Advisors purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 1st quarter worth approximately $32,000. Root Financial Partners LLC purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter worth approximately $59,000. CoreCap Advisors LLC raised its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 33.1% during the 2nd quarter. CoreCap Advisors LLC now owns 4,075 shares of the company’s stock worth $104,000 after acquiring an additional 1,013 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 59.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,984 shares of the company’s stock worth $149,000 after acquiring an additional 2,225 shares during the period.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Down 0.3%

Shares of NYSEARCA:EMLC opened at $24.57 on Friday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1-year low of $24.46 and a 1-year high of $26.63. The firm’s 50 day simple moving average is $25.11 and its two-hundred day simple moving average is $25.53.

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