VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Shares Sold by SVB Wealth LLC

SVB Wealth LLC decreased its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 19.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,153 shares of the company’s stock after selling 15,139 shares during the period. SVB Wealth LLC owned 0.06% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $1,572,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in EMLC. Summit Financial LLC lifted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 8.7% in the 4th quarter. Summit Financial LLC now owns 31,757 shares of the company’s stock valued at $805,000 after acquiring an additional 2,533 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 4.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 91,005 shares of the company’s stock worth $2,307,000 after acquiring an additional 3,723 shares during the period. Confluence Wealth Services Inc. purchased a new position in VanEck J.P. Morgan EM Local Currency Bond ETF during the 4th quarter valued at about $424,000. Nixon Peabody Trust Co. acquired a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the 4th quarter valued at about $234,000. Finally, BNP Paribas Financial Markets lifted its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 883,038.5% in the fourth quarter. BNP Paribas Financial Markets now owns 459,232 shares of the company’s stock worth $11,642,000 after purchasing an additional 459,180 shares in the last quarter.

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

Shares of EMLC stock traded down $0.01 during trading on Tuesday, hitting $24.06. 108,631 shares of the company were exchanged, compared to its average volume of 1,177,531. The business’s 50-day simple moving average is $24.06 and its 200 day simple moving average is $24.38. VanEck J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $23.11 and a twelve month high of $25.96.

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.