Citigroup Inc. Cuts Position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

Citigroup Inc. reduced its position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 3.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 908,544 shares of the company’s stock after selling 36,806 shares during the period. Citigroup Inc. owned approximately 0.60% of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF worth $30,309,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Nova Scotia bought a new stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the 4th quarter worth $175,875,000. Valmark Advisers Inc. lifted its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 3.0% in the first quarter. Valmark Advisers Inc. now owns 2,816,243 shares of the company’s stock worth $93,950,000 after purchasing an additional 82,630 shares during the last quarter. Wells Fargo & Company MN lifted its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 10.1% in the first quarter. Wells Fargo & Company MN now owns 2,331,027 shares of the company’s stock worth $77,762,000 after purchasing an additional 214,408 shares during the last quarter. MD Financial Management Inc. lifted its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 0.6% in the first quarter. MD Financial Management Inc. now owns 1,368,955 shares of the company’s stock worth $45,668,000 after purchasing an additional 7,704 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in 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 during the last quarter.

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock traded up $0.06 during mid-day trading on Friday, hitting $34.70. The company’s stock had a trading volume of 752,908 shares, compared to its average volume of 2,386,153. The business has a 50 day moving average of $33.33. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $31.48 and a 12 month high of $34.94.

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were paid a $0.1896 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.18. This represents a $2.28 annualized dividend and a yield of 6.56%.

VanEck Vectors 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.

Recommended Story: NASDAQ

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

Receive News & Ratings for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.