CIBC Asset Management Inc Has $1.02 Million Holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

CIBC Asset Management Inc lifted its position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,575 shares of the company’s stock after buying an additional 837 shares during the quarter. CIBC Asset Management Inc’s holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF were worth $1,020,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of EMLC. Bank of Nova Scotia purchased a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the fourth quarter worth about $175,875,000. Deutsche Bank AG increased its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 112.1% in the fourth quarter. Deutsche Bank AG now owns 1,319,334 shares of the company’s stock worth $43,538,000 after purchasing an additional 697,334 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 295.5% in the first quarter. SG Americas Securities LLC now owns 1,077,562 shares of the company’s stock worth $35,947,000 after purchasing an additional 805,098 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 76.2% in the third quarter. JPMorgan Chase & Co. now owns 959,178 shares of the company’s stock worth $15,788,000 after purchasing an additional 414,960 shares in the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 310.7% in the fourth quarter. Mackenzie Financial Corp now owns 775,394 shares of the company’s stock worth $25,588,000 after purchasing an additional 586,605 shares in the last quarter.

Shares of EMLC traded down $0.11 during trading hours on Friday, hitting $33.60. The company’s stock had a trading volume of 1,648,700 shares, compared to its average volume of 2,452,432. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 52-week low of $31.48 and a 52-week high of $34.94.

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were paid a dividend of $0.1896 per share. The ex-dividend date was Monday, June 3rd. This represents a $2.28 annualized dividend and a yield of 6.77%. This is a boost from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.18.

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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.

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

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