Investors Buy Shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) on Weakness

Investors bought shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) on weakness during trading hours on Friday. $66.52 million flowed into the stock on the tick-up and $2.59 million flowed out of the stock on the tick-down, for a money net flow of $63.93 million into the stock. Of all stocks tracked, VanEck Vectors J.P. Morgan EM Local Currency Bond ETF had the 7th highest net in-flow for the day. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF traded down ($0.07) for the day and closed at $32.77

The company also recently announced a special dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were issued a $0.1768 dividend. The ex-dividend date of this dividend was Thursday, November 1st.

A number of large investors have recently modified their holdings of EMLC. Jane Street Group LLC raised its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 11,637.3% in the second quarter. Jane Street Group LLC now owns 3,683,865 shares of the company’s stock valued at $62,699,000 after acquiring an additional 3,652,479 shares in the last quarter. OMERS ADMINISTRATION Corp raised its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 42.0% in the second quarter. OMERS ADMINISTRATION Corp now owns 10,092,687 shares of the company’s stock valued at $171,878,000 after acquiring an additional 2,985,372 shares in the last quarter. BlackRock Inc. raised its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 2,687.3% in the second quarter. BlackRock Inc. now owns 1,894,365 shares of the company’s stock valued at $32,242,000 after acquiring an additional 1,826,400 shares in the last quarter. Hsbc Holdings PLC raised its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 33.3% in the third quarter. Hsbc Holdings PLC now owns 6,699,306 shares of the company’s stock valued at $110,281,000 after acquiring an additional 1,672,651 shares in the last quarter. Finally, ING Groep NV acquired a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the second quarter valued at approximately $26,892,000.

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VanEck Vectors J.P. Morgan EM Local Currency Bond ETF Company Profile (NYSEARCA:EMLC)

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.

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