Acima Private Wealth LLC Boosts Stake in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Acima Private Wealth LLC grew its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 8.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 299,527 shares of the company’s stock after buying an additional 22,461 shares during the quarter. VanEck J.P. Morgan EM Local Currency Bond ETF accounts for 2.4% of Acima Private Wealth LLC’s investment portfolio, making the stock its 14th largest position. Acima Private Wealth LLC owned about 0.19% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $7,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EMLC. SBI Securities Co. Ltd. raised its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 7.6% in the 3rd quarter. SBI Securities Co. Ltd. now owns 8,405 shares of the company’s stock valued at $214,000 after acquiring an additional 592 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the 2nd quarter worth approximately $41,000. Fidelity D & D Bancorp Inc. boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 2.0% in the second quarter. Fidelity D & D Bancorp Inc. now owns 92,724 shares of the company’s stock valued at $2,351,000 after purchasing an additional 1,819 shares during the period. Root Financial Partners LLC purchased a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter worth approximately $72,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 0.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 683,788 shares of the company’s stock valued at $17,443,000 after purchasing an additional 4,769 shares in the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Up 0.3%

NYSEARCA:EMLC opened at $26.47 on Monday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $23.00 and a 1 year high of $26.59. The stock has a 50-day simple moving average of $26.11 and a 200-day simple moving average of $25.69.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1207 per share. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date was Monday, February 2nd.

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. 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.