American Assets Investment Management LLC Sells 50,000 Shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC)

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American Assets Investment Management LLC trimmed its position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) by 25.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 150,000 shares of the company’s stock after selling 50,000 shares during the quarter. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF accounts for approximately 0.9% of American Assets Investment Management LLC’s investment portfolio, making the stock its 28th biggest position. American Assets Investment Management LLC owned 0.10% of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF worth $4,950,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Price Wealth Management Inc. purchased a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the fourth quarter worth $70,000. Oppenheimer Asset Management Inc. bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at about $87,000. Csenge Advisory Group bought a new position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the third quarter worth about $116,000. Simplex Trading LLC acquired a new position in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter worth approximately $191,000. Finally, Mackey Komara & Dankovich LLC bought a new position in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the 4th quarter worth approximately $192,000.

Shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock opened at $34.23 on Monday. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a fifty-two week low of $31.48 and a fifty-two week high of $39.52.

The business also recently declared a monthly dividend, which was paid on Thursday, February 7th. Stockholders of record on Monday, February 4th were issued a dividend of $0.1842 per share. This represents a $2.21 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date of this dividend was Friday, February 1st. This is an increase from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.18.

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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.

Further Reading: What is a back-end load?

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

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