Stillwater Private Wealth LLC Invests $685,000 in VanEck J.P. Morgan EM Local Currency Bond ETF $EMLC

Stillwater Private Wealth LLC acquired a new position in VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) during the first quarter, HoldingsChannel.com reports. The fund acquired 27,295 shares of the company’s stock, valued at approximately $685,000.

Other large investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF during the first quarter valued at approximately $1,319,000. Madison Asset Management LLC raised its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 101.2% in the first quarter. Madison Asset Management LLC now owns 1,029,811 shares of the company’s stock worth $25,859,000 after acquiring an additional 517,850 shares during the period. Ethos Financial Group LLC boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 9.7% during the 1st quarter. Ethos Financial Group LLC now owns 325,251 shares of the company’s stock worth $8,167,000 after acquiring an additional 28,844 shares during the last quarter. Beacon Financial Group boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 4.3% during the 1st quarter. Beacon Financial Group now owns 16,742 shares of the company’s stock worth $420,000 after acquiring an additional 687 shares during the last quarter. Finally, Evergreen Private Wealth LLC boosted its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 2.4% during the 1st quarter. Evergreen Private Wealth LLC now owns 69,075 shares of the company’s stock worth $1,734,000 after acquiring an additional 1,607 shares during the last quarter.

VanEck J.P. Morgan EM Local Currency Bond ETF Price Performance

Shares of EMLC stock opened at $25.47 on Friday. VanEck J.P. Morgan EM Local Currency Bond ETF has a 1 year low of $24.80 and a 1 year high of $26.63. The firm has a fifty day moving average price of $25.44 and a 200-day moving average price of $25.67.

VanEck 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. The Fund invests at least 80% of its total assets in securities that comprise the Index. The Fund may also utilize convertible securities and derivative instruments, such as swaps, options, warrants, futures contracts, currency forwards, structured notes and participation notes to seek performance that corresponds to the Index.