Madison Asset Management LLC Has $25.86 Million Stake in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Madison Asset Management LLC grew its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 101.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,029,811 shares of the company’s stock after buying an additional 517,850 shares during the period. Madison Asset Management LLC’s holdings in VanEck J.P. Morgan EM Local Currency Bond ETF were worth $25,859,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Acima Private Wealth LLC raised its position in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 8.0% in the 4th quarter. Acima Private Wealth LLC now owns 323,432 shares of the company’s stock valued at $8,351,000 after acquiring an additional 23,905 shares during the period. FSA Advisors Inc. acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at approximately $3,293,000. SBI Okasan Asset Management Co.Ltd. bought a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the fourth quarter valued at approximately $2,804,000. TIAA Trust National Association increased its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 87.5% in the fourth quarter. TIAA Trust National Association now owns 1,953,251 shares of the company’s stock valued at $50,433,000 after purchasing an additional 911,546 shares in the last quarter. Finally, Waterloo Capital L.P. increased its stake in VanEck J.P. Morgan EM Local Currency Bond ETF by 101.4% in the fourth quarter. Waterloo Capital L.P. now owns 218,905 shares of the company’s stock valued at $5,652,000 after purchasing an additional 110,237 shares in the last quarter.

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

Shares of NYSEARCA EMLC opened at $25.37 on Tuesday. The company’s fifty day moving average is $25.44 and its 200-day moving average is $25.71. VanEck J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $24.80 and a twelve month high of $26.63.

About VanEck 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. 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.