Summit Financial LLC Buys 1,470 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

Summit Financial LLC increased its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 2.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 60,372 shares of the company’s stock after purchasing an additional 1,470 shares during the quarter. Summit Financial LLC owned 0.05% of VanEck J.P. Morgan EM Local Currency Bond ETF worth $1,395,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Farther Finance Advisors LLC increased its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 1,365.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,319 shares of the company’s stock valued at $30,000 after acquiring an additional 1,229 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the 4th quarter worth about $154,000. Continuum Advisory LLC boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 11.6% during the 3rd quarter. Continuum Advisory LLC now owns 6,907 shares of the company’s stock worth $163,000 after purchasing an additional 717 shares during the period. SVB Wealth LLC bought a new position in VanEck J.P. Morgan EM Local Currency Bond ETF during the 4th quarter valued at about $286,000. Finally, Captrust Financial Advisors purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter worth about $310,000.

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

Shares of NYSEARCA:EMLC opened at $23.74 on Wednesday. The business has a 50 day simple moving average of $23.81 and a two-hundred day simple moving average of $23.94. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $22.94 and a 1 year high of $25.55.

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.