Waterloo Capital L.P. Buys 110,237 Shares of VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Waterloo Capital L.P. lifted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 101.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 218,905 shares of the company’s stock after acquiring an additional 110,237 shares during the period. Waterloo Capital L.P.’s holdings in VanEck J.P. Morgan EM Local Currency Bond ETF were worth $5,652,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EMLC. IFP Advisors Inc increased its position 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 worth $84,000 after acquiring an additional 1,200 shares in the last quarter. SBI Securities Co. Ltd. increased its position 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 worth $214,000 after acquiring an additional 592 shares in the last quarter. Patrick Mauro Investment Advisor INC. bought a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter worth $270,000. Farther Finance Advisors LLC increased its position 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 worth $281,000 after acquiring an additional 10,562 shares in the last quarter. Finally, SVB Wealth LLC bought a new stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF during the third quarter worth $605,000.

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

Shares of EMLC stock opened at $25.62 on Friday. The firm has a fifty day moving average of $25.46 and a 200-day moving average of $25.76. VanEck J.P. Morgan EM Local Currency Bond ETF has a 12-month low of $24.61 and a 12-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.