Summit Wealth & Retirement Planning Inc. Invests $1.07 Million in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

Summit Wealth & Retirement Planning Inc. bought a new position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 30,803 shares of the company’s stock, valued at approximately $1,069,000.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 295.5% during the 1st quarter. SG Americas Securities LLC now owns 1,077,562 shares of the company’s stock valued at $35,947,000 after acquiring an additional 805,098 shares during the last quarter. BNP Paribas Arbitrage SA bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 2nd quarter worth about $25,195,000. RiverFront Investment Group LLC bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 1st quarter worth about $21,107,000. Raymond James & Associates boosted its stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 898.2% in the 1st quarter. Raymond James & Associates now owns 332,628 shares of the company’s stock worth $11,096,000 after purchasing an additional 299,305 shares during the period. Finally, Financial Sense Advisors Inc. bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 1st quarter worth about $8,142,000.

Shares of EMLC traded down $0.16 during trading hours on Thursday, reaching $33.21. 19,553 shares of the company’s stock traded hands, compared to its average volume of 2,334,028. The firm’s 50 day simple moving average is $34.38 and its 200-day simple moving average is $33.83. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $31.48 and a 12 month high of $35.18.

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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