MD Financial Management Inc. Has $46.34 Million Stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC)

MD Financial Management Inc. lifted its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 15.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,722,405 shares of the company’s stock after acquiring an additional 359,335 shares during the quarter. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF makes up 2.1% of MD Financial Management Inc.’s holdings, making the stock its 23rd biggest holding. MD Financial Management Inc.’s holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF were worth $46,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of EMLC. Centaurus Financial Inc. acquired a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the first quarter worth approximately $119,000. Vontobel Swiss Wealth Advisors AG acquired a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the first quarter worth approximately $196,000. Advisor Group Inc. grew its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 223.1% during the fourth quarter. Advisor Group Inc. now owns 11,050 shares of the company’s stock worth $209,000 after purchasing an additional 7,630 shares during the period. First Allied Advisory Services Inc. grew its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 585.1% during the first quarter. First Allied Advisory Services Inc. now owns 12,160 shares of the company’s stock worth $239,000 after purchasing an additional 10,385 shares during the period. Finally, TRUE Private Wealth Advisors acquired a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the second quarter worth approximately $213,000.

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF traded up $0.05, reaching $17.46, during mid-day trading on Monday, MarketBeat.com reports. The stock had a trading volume of 1,610,935 shares, compared to its average volume of 3,901,935. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a fifty-two week low of $16.75 and a fifty-two week high of $19.91.



The company also recently disclosed a monthly dividend, which was paid on Monday, July 9th. Shareholders of record on Tuesday, July 3rd were paid a $0.0887 dividend. The ex-dividend date was Monday, July 2nd. This represents a $1.06 dividend on an annualized basis and a yield of 6.10%.

About VanEck Vectors J.P. Morgan EM Local Currency Bond ETF

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.

See Also: What is a closed-end mutual fund (CEF)?

Want to see what other hedge funds are holding EMLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC).

Institutional Ownership by Quarter for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

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