VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 3.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,161,491 shares of the company’s stock after selling 44,311 shares during the period. Bank of New York Mellon Corp owned approximately 1.04% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $27,713,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. BNP Paribas Financial Markets grew its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 53.4% in the fourth quarter. BNP Paribas Financial Markets now owns 2,555,021 shares of the company’s stock valued at $59,047,000 after purchasing an additional 889,300 shares in the last quarter. ALM First Financial Advisors LLC lifted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 5.9% during the 1st quarter. ALM First Financial Advisors LLC now owns 527,748 shares of the company’s stock worth $12,592,000 after buying an additional 29,330 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 1,919.0% in the 4th quarter. Captrust Financial Advisors now owns 246,557 shares of the company’s stock valued at $5,698,000 after acquiring an additional 234,345 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 17.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 174,265 shares of the company’s stock valued at $4,158,000 after acquiring an additional 25,679 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 15.4% in the 4th quarter. Ameriprise Financial Inc. now owns 106,532 shares of the company’s stock valued at $2,462,000 after buying an additional 14,215 shares during the period.

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

Shares of EMLC opened at $25.14 on Thursday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $22.94 and a 1 year high of $25.55. The company’s fifty day moving average is $24.84 and its two-hundred day moving average is $24.13.

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.