Park Avenue Securities LLC boosted its position in shares of Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) by 1.8% in the 4th quarter, HoldingsChannel reports. The fund owned 647,019 shares of the company’s stock after acquiring an additional 11,181 shares during the period. Market Vectors Emerging Mkts Local ETF accounts for about 3.2% of Park Avenue Securities LLC’s portfolio, making the stock its 11th biggest holding. Park Avenue Securities LLC’s holdings in Market Vectors Emerging Mkts Local ETF were worth $12,410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EMLC. James Investment Research Inc. lifted its position in shares of Market Vectors Emerging Mkts Local ETF by 148.9% during the 4th quarter. James Investment Research Inc. now owns 21,170 shares of the company’s stock worth $402,000 after buying an additional 12,665 shares during the last quarter. Taylor Cottrill Erickson & Associates Inc. lifted its position in shares of Market Vectors Emerging Mkts Local ETF by 53.0% during the 4th quarter. Taylor Cottrill Erickson & Associates Inc. now owns 30,872 shares of the company’s stock worth $586,000 after buying an additional 10,690 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of Market Vectors Emerging Mkts Local ETF by 23.3% during the 4th quarter. CIBC Asset Management Inc now owns 59,051 shares of the company’s stock worth $1,121,000 after buying an additional 11,145 shares during the last quarter. First Citizens Bank & Trust Co. lifted its position in shares of Market Vectors Emerging Mkts Local ETF by 193.5% during the 4th quarter. First Citizens Bank & Trust Co. now owns 68,160 shares of the company’s stock worth $1,294,000 after buying an additional 44,934 shares during the last quarter. Finally, Checchi Capital Advisers LLC lifted its position in shares of Market Vectors Emerging Mkts Local ETF by 2.8% during the 4th quarter. Checchi Capital Advisers LLC now owns 104,801 shares of the company’s stock worth $1,989,000 after buying an additional 2,831 shares during the last quarter.

Shares of Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) opened at $19.25 on Friday. Market Vectors Emerging Mkts Local ETF has a 12-month low of $17.83 and a 12-month high of $19.91.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were given a dividend of $0.0868 per share. This represents a $1.04 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend was Thursday, February 1st. This is an increase from Market Vectors Emerging Mkts Local ETF’s previous monthly dividend of $0.08.

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About Market Vectors Emerging Mkts Local 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.

Want to see what other hedge funds are holding EMLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC).

Institutional Ownership by Quarter for Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC)

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