MML Investors Services LLC Has $5.17 Million Holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

MML Investors Services LLC boosted its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 23.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 155,096 shares of the company’s stock after acquiring an additional 29,074 shares during the quarter. MML Investors Services LLC owned about 0.10% of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF worth $5,174,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Evergreen Capital Management LLC raised its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 0.9% in the first quarter. Evergreen Capital Management LLC now owns 293,674 shares of the company’s stock worth $9,797,000 after acquiring an additional 2,554 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 1st quarter worth about $572,000. Northwestern Mutual Wealth Management Co. increased its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 577.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,309 shares of the company’s stock worth $310,000 after purchasing an additional 7,934 shares in the last quarter. Wells Fargo & Company MN increased its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 10.1% in the 1st 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 in the last quarter. Finally, Valmark Advisers Inc. increased its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 3.0% in the 1st 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 in the last quarter.

EMLC traded up $0.06 during trading on Friday, reaching $34.70. The company had a trading volume of 752,908 shares, compared to its average volume of 2,386,153. The company 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 business also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were paid a $0.1896 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $2.28 dividend on an annualized basis and a yield of 6.56%. This is a boost from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.18.

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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