TIAA Trust National Association Acquires 911,546 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

TIAA Trust National Association boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 87.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,953,251 shares of the company’s stock after purchasing an additional 911,546 shares during the period. TIAA Trust National Association owned approximately 1.08% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $50,433,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. IFP Advisors Inc raised its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 57.4% during the third quarter. IFP Advisors Inc now owns 3,291 shares of the company’s stock valued at $84,000 after acquiring an additional 1,200 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 7.6% during the third quarter. SBI Securities Co. Ltd. now owns 8,405 shares of the company’s stock valued at $214,000 after acquiring an additional 592 shares during the last quarter. Patrick Mauro Investment Advisor INC. bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at about $270,000. Farther Finance Advisors LLC raised its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 3,418.1% during the fourth quarter. Farther Finance Advisors LLC now owns 10,871 shares of the company’s stock valued at $281,000 after acquiring an additional 10,562 shares during the last quarter. Finally, SVB Wealth LLC bought a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter valued at about $605,000.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Down 0.2%

Shares of NYSEARCA:EMLC opened at $25.11 on Tuesday. The company has a 50-day moving average price of $25.49 and a 200-day moving average price of $25.75. VanEck J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $24.72 and a 12 month 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.