B. Riley Wealth Management Inc. Takes $323,000 Position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC)

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B. Riley Wealth Management Inc. bought a new position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,615 shares of the company’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of EMLC. Sei Investments Co. increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 1.9% during the third quarter. Sei Investments Co. now owns 16,906,140 shares of the company’s stock worth $278,556,000 after acquiring an additional 321,709 shares during the period. Hsbc Holdings PLC increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 33.3% during the third quarter. Hsbc Holdings PLC now owns 6,699,306 shares of the company’s stock worth $110,281,000 after acquiring an additional 1,672,651 shares during the period. Personal Capital Advisors Corp increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 8.2% during the third quarter. Personal Capital Advisors Corp now owns 6,032,638 shares of the company’s stock worth $99,297,000 after acquiring an additional 458,421 shares during the period. Valmark Advisers Inc. increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 2.6% during the third quarter. Valmark Advisers Inc. now owns 5,812,814 shares of the company’s stock worth $95,679,000 after acquiring an additional 149,162 shares during the period. Finally, Morningstar Investment Services LLC increased its position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 8.0% during the third quarter. Morningstar Investment Services LLC now owns 4,532,878 shares of the company’s stock worth $74,610,000 after acquiring an additional 335,586 shares during the period.

EMLC stock opened at $32.74 on Friday. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $31.48 and a 12 month high of $39.82.

The company also recently announced a monthly dividend, which was paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th were issued a $0.1761 dividend. This is a positive change from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.08. This represents a $2.11 annualized dividend and a yield of 6.45%. The ex-dividend date was Monday, December 3rd.

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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.

See Also: How to Invest in Growth Stocks

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

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