Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) Shares Bought by Alps Advisors Inc.

Alps Advisors Inc. lifted its position in Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 653,233 shares of the company’s stock after acquiring an additional 26,140 shares during the period. Alps Advisors Inc. owned 0.22% of Market Vectors Emerging Mkts Local ETF worth $12,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Personal Capital Advisors Corp raised its position in Market Vectors Emerging Mkts Local ETF by 10.0% in the fourth quarter. Personal Capital Advisors Corp now owns 4,419,193 shares of the company’s stock valued at $83,876,000 after purchasing an additional 401,311 shares during the period. MD Financial Management Inc. purchased a new stake in shares of Market Vectors Emerging Mkts Local ETF in the 4th quarter valued at $44,776,000. Legacy Private Trust Co. raised its holdings in shares of Market Vectors Emerging Mkts Local ETF by 46.3% in the 4th quarter. Legacy Private Trust Co. now owns 350,053 shares of the company’s stock valued at $6,644,000 after buying an additional 110,801 shares during the period. IFP Advisors Inc raised its holdings in shares of Market Vectors Emerging Mkts Local ETF by 15.8% in the 4th quarter. IFP Advisors Inc now owns 313,173 shares of the company’s stock valued at $5,944,000 after buying an additional 42,634 shares during the period. Finally, Twin Capital Management Inc. raised its holdings in shares of Market Vectors Emerging Mkts Local ETF by 1.3% in the 4th quarter. Twin Capital Management Inc. now owns 244,770 shares of the company’s stock valued at $4,646,000 after buying an additional 3,220 shares during the period.

Shares of Market Vectors Emerging Mkts Local ETF (NYSEARCA EMLC) opened at $19.38 on Wednesday. Market Vectors Emerging Mkts Local ETF has a 1-year low of $17.83 and a 1-year high of $19.91.

The firm 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 is a boost from Market Vectors Emerging Mkts Local ETF’s previous monthly dividend of $0.08. This represents a $1.04 annualized dividend and a dividend yield of 5.37%. The ex-dividend date was Thursday, February 1st.

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Market Vectors Emerging Mkts Local 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.

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

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