Ethos Financial Group LLC Purchases 279,680 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Ethos Financial Group LLC raised its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 1,672.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 296,407 shares of the company’s stock after acquiring an additional 279,680 shares during the quarter. Ethos Financial Group LLC owned about 0.18% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $7,653,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the 2nd quarter worth about $41,000. Root Financial Partners LLC bought a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the 3rd quarter valued at about $72,000. IFP Advisors Inc boosted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 57.4% during the 3rd quarter. IFP Advisors Inc now owns 3,291 shares of the company’s stock valued at $84,000 after purchasing an additional 1,200 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 7.6% during the third quarter. SBI Securities Co. Ltd. now owns 8,405 shares of the company’s stock worth $214,000 after purchasing an additional 592 shares during the period. Finally, Patrick Mauro Investment Advisor INC. acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter worth approximately $270,000.

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

Shares of EMLC stock opened at $25.09 on Friday. 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. The stock has a 50 day simple moving average of $25.88 and a two-hundred day simple moving average of $25.73.

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

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

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.