Waterloo Capital L.P. Makes New $2.77 Million Investment in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Waterloo Capital L.P. bought a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 108,668 shares of the company’s stock, valued at approximately $2,772,000. Waterloo Capital L.P. owned 0.07% of VanEck J.P. Morgan EM Local Currency Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in EMLC. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the second quarter worth about $41,000. Root Financial Partners LLC acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF during the 3rd quarter valued at about $72,000. SBI Securities Co. Ltd. boosted its stake in shares of 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 purchasing an additional 592 shares during the last quarter. Ethos Financial Group LLC acquired a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the 3rd quarter worth approximately $427,000. Finally, Betterment LLC grew its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 54.5% during the 2nd quarter. Betterment LLC now owns 58,285 shares of the company’s stock worth $1,478,000 after buying an additional 20,558 shares during the period.

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

EMLC opened at $26.17 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 $26.58. The firm has a 50 day simple moving average of $25.93 and a 200 day simple moving average of $25.58.

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

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

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.