Acima Private Wealth LLC Acquires 23,905 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Acima Private Wealth LLC boosted its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 323,432 shares of the company’s stock after buying an additional 23,905 shares during the quarter. VanEck J.P. Morgan EM Local Currency Bond ETF makes up approximately 2.6% of Acima Private Wealth LLC’s investment portfolio, making the stock its 15th largest position. Acima Private Wealth LLC owned approximately 0.20% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $8,351,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EMLC. BNP Paribas Financial Markets increased its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 557.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,471,661 shares of the company’s stock worth $37,542,000 after acquiring an additional 1,247,763 shares during the last quarter. TIAA Trust National Association lifted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 19.9% during the 3rd quarter. TIAA Trust National Association now owns 1,041,705 shares of the company’s stock valued at $26,574,000 after purchasing an additional 173,043 shares during the last quarter. JPMorgan Chase & Co. boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 683,788 shares of the company’s stock worth $17,443,000 after purchasing an additional 4,769 shares during the period. Ameriprise Financial Inc. boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 11.1% during the third quarter. Ameriprise Financial Inc. now owns 631,612 shares of the company’s stock worth $16,106,000 after purchasing an additional 63,292 shares during the period. Finally, Waterloo Capital L.P. acquired a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the third quarter valued at $2,772,000.

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

Shares of EMLC opened at $24.83 on Tuesday. The company’s 50-day moving average is $25.96 and its 200-day moving average is $25.74. VanEck J.P. Morgan EM Local Currency Bond ETF has a fifty-two week low of $23.00 and a fifty-two week high of $26.63.

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

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1204 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.8%.

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.