BNP Paribas Financial Markets Acquires 487,499 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

BNP Paribas Financial Markets boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 41.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,665,721 shares of the company’s stock after buying an additional 487,499 shares during the quarter. BNP Paribas Financial Markets owned approximately 1.43% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $42,309,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EMLC. Lynx Investment Advisory acquired a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the second quarter worth $128,000. Arkadios Wealth Advisors acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF in the 2nd quarter worth about $452,000. Cahill Financial Advisors Inc. raised its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 3.9% in the second quarter. Cahill Financial Advisors Inc. now owns 26,960 shares of the company’s stock valued at $641,000 after purchasing an additional 1,023 shares during the last quarter. Summit Financial LLC boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 47.9% during the second quarter. Summit Financial LLC now owns 52,579 shares of the company’s stock valued at $1,250,000 after purchasing an additional 17,027 shares in the last quarter. Finally, Fidelity D & D Bancorp Inc. grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 8.6% during the second quarter. Fidelity D & D Bancorp Inc. now owns 58,759 shares of the company’s stock worth $1,397,000 after purchasing an additional 4,654 shares during the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Up 0.4 %

VanEck J.P. Morgan EM Local Currency Bond ETF stock opened at $23.84 on Friday. The business has a 50 day moving average of $24.37 and a 200-day moving average of $24.36. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $23.58 and a 1 year high of $25.58.

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.