SBI Okasan Asset Management Co.Ltd. Acquires New Stake in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

SBI Okasan Asset Management Co.Ltd. acquired a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 108,931 shares of the company’s stock, valued at approximately $2,804,000. SBI Okasan Asset Management Co.Ltd. owned 0.06% of VanEck J.P. Morgan EM Local Currency Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Betterment LLC boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 54.5% in the 2nd quarter. Betterment LLC now owns 58,285 shares of the company’s stock valued at $1,478,000 after buying an additional 20,558 shares during the period. Ameriprise Financial Inc. boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 545.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 568,320 shares of the company’s stock valued at $14,407,000 after buying an additional 480,285 shares during the period. Fidelity D & D Bancorp Inc. boosted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 2.0% in the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 92,724 shares of the company’s stock valued at $2,351,000 after buying an additional 1,819 shares during the period. SBI Securities Co. Ltd. boosted its position 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 buying an additional 592 shares during the period. Finally, Waterloo Capital L.P. purchased a new position in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter valued at approximately $2,772,000.

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

Shares of EMLC stock opened at $25.56 on Friday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 52 week low of $24.61 and a 52 week high of $26.63. The firm has a 50 day moving average of $25.45 and a two-hundred day moving average of $25.76.

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.