62,357 Shares in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC Purchased by Family CFO Inc

Family CFO Inc acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) during the 3rd quarter, HoldingsChannel reports. The fund acquired 62,357 shares of the company’s stock, valued at approximately $1,548,000. VanEck J.P. Morgan EM Local Currency Bond ETF accounts for approximately 0.6% of Family CFO Inc’s holdings, making the stock its 23rd biggest position.

Several other hedge funds have also bought and sold shares of EMLC. Payden & Rygel grew its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 49.7% during the 3rd quarter. Payden & Rygel now owns 2,316,707 shares of the company’s stock worth $57,524,000 after purchasing an additional 769,249 shares during the period. Madison Asset Management LLC lifted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 101.2% in the 1st quarter. Madison Asset Management LLC now owns 1,029,811 shares of the company’s stock valued at $25,859,000 after purchasing an additional 517,850 shares during the period. ALM First Financial Advisors LLC lifted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 30.0% in the 2nd quarter. ALM First Financial Advisors LLC now owns 749,725 shares of the company’s stock valued at $19,163,000 after purchasing an additional 173,090 shares during the period. Shah Wealth Advisors LLC acquired a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF in the 2nd quarter valued at $16,633,000. Finally, Acima Private Wealth LLC boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 1.9% during the second quarter. Acima Private Wealth LLC now owns 329,409 shares of the company’s stock worth $8,420,000 after buying an additional 6,113 shares in the last quarter.

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

Shares of NYSEARCA EMLC opened at $24.45 on Wednesday. The company’s fifty day moving average price is $25.06 and its 200 day moving average price is $25.51. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $24.45 and a 1 year high of $26.63.

VanEck J.P. Morgan EM Local Currency Bond ETF Company 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.