950,390 Shares in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Bought by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 950,390 shares of the company’s stock, valued at approximately $22,600,000. Manning & Napier Advisors LLC owned about 0.82% of VanEck J.P. Morgan EM Local Currency Bond ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Lynx Investment Advisory acquired a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the second quarter valued at about $128,000. Nixon Peabody Trust Co. purchased a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the fourth quarter valued at about $234,000. Waterloo Capital L.P. bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the 4th quarter worth approximately $303,000. Vantage Financial Partners LLC purchased a new position in VanEck J.P. Morgan EM Local Currency Bond ETF in the first quarter worth $306,000. Finally, Confluence Wealth Services Inc. purchased a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the 4th quarter worth about $424,000.

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

NYSEARCA EMLC traded up $0.14 on Friday, hitting $24.48. 1,072,304 shares of the stock traded hands, compared to its average volume of 1,208,480. The business’s fifty day moving average is $24.03 and its two-hundred day moving average is $24.34. VanEck J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $23.11 and a 12 month high of $25.58.

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.