Miracle Mile Advisors LLC Has $21.61 Million Position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC)

Miracle Mile Advisors LLC boosted its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 146.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,312,900 shares of the company’s stock after acquiring an additional 779,561 shares during the quarter. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF accounts for about 2.0% of Miracle Mile Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Miracle Mile Advisors LLC owned approximately 0.94% of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF worth $21,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. MD Financial Management Inc. increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 9.6% during the 3rd quarter. MD Financial Management Inc. now owns 2,985,021 shares of the company’s stock valued at $49,133,000 after buying an additional 262,616 shares in the last quarter. PNC Financial Services Group Inc. increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 3,426.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 80,974 shares of the company’s stock valued at $1,332,000 after buying an additional 78,678 shares in the last quarter. Bank of New York Mellon Corp bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the 3rd quarter valued at approximately $1,279,000. Alliancebernstein L.P. bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the 3rd quarter valued at approximately $2,047,000. Finally, Sei Investments Co. increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 1.9% during the 3rd quarter. Sei Investments Co. now owns 16,906,140 shares of the company’s stock valued at $278,556,000 after buying an additional 321,709 shares in the last quarter.

EMLC stock opened at $32.84 on Friday. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $31.48 and a twelve month high of $39.82.

The business also recently disclosed a special dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were given a dividend of $0.1768 per share. The ex-dividend date of this dividend was Thursday, November 1st.

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VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 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.

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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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