Janney Montgomery Scott LLC Cuts Stock Position in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Janney Montgomery Scott LLC lowered its position in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 18.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 142,516 shares of the company’s stock after selling 31,749 shares during the period. Janney Montgomery Scott LLC owned approximately 0.10% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $3,613,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC grew its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 301.0% in the 2nd quarter. ORG Partners LLC now owns 1,259 shares of the company’s stock worth $32,000 after buying an additional 945 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the 1st quarter worth approximately $10,159,000. TIAA Trust National Association grew its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 3.8% during the 1st quarter. TIAA Trust National Association now owns 319,460 shares of the company’s stock worth $7,622,000 after purchasing an additional 11,552 shares during the last quarter. Vantage Financial Partners LLC purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the 1st quarter worth approximately $233,000. Finally, SBI Securities Co. Ltd. grew its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 11.9% during the 1st quarter. SBI Securities Co. Ltd. now owns 7,479 shares of the company’s stock worth $178,000 after purchasing an additional 795 shares during the last quarter.

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

NYSEARCA:EMLC opened at $25.43 on Thursday. VanEck J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $22.94 and a twelve month high of $25.80. The company’s 50 day moving average is $25.35 and its two-hundred day moving average is $24.83.

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.