UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 2)*

 

Market Vectors ETF Trust


 (Name of Issuer)

 

Exchange Traded Fund


(Title of Class of Securities)

 

57060U233


(CUSIP Number)

 

4/3/13


(Date of Event Which Requires Filing of this Statement)\

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

  x Rule 13d-1(b)
  ¨ Rule 13d-1(c)
  ¨ Rule 13d-1(d)

 

(*) The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 
 

 

CUSIP NO. 57060U233


1. NAMES OF REPORTING PERSONS

 

Brinker Capital Inc. 


2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See instructions)

 

(a)_____

 

(b)_____

 

Not Applicable

 


3. SEC USE ONLY

 


4. CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware


 

NUMBER OF 5.  SOLE VOTING POWER 
     
SHARES None
     
BENEFICIALLY 6.  SHARED VOTING POWER 
     
OWNED BY   478
     
EACH 7.  SOLE DISPOSITIVE POWER 
     
REPORTING None
     
PERSON 8.  SHARED DISPOSITIVE POWER 
     
WITH:   478

 

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    478 


10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See instructions)

 

Not Applicable/ 


 

11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW ( 9)

.006%

 


12. TYPE OF REPORTING PERSON (See instructions)

 

IA 


 

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Item 1(a). Name of Issuer:

 

Market Vectors ETF Trust


 

Item 1(b). Address of Issuer's Principal Executive Offices:

 

335 Madison Ave

 

19th Floor

 

New York, NY 10017


  

Item 2(a). Name of Person Filing:

 

Brinker Capital Inc. 


 

Item 2(b). Address of Principal Business Office, or if None, Residence:

 

1055 Westlakes Drive, Suite 250, Berwyn, PA 19312


 

Item 2(c). Citizenship:

 

Delaware


 

Item 2(d). Title of Class of Securities:

 

Exchange Traded Fund


 

Item 2(e). CUSIP Number:

 

57060U233

 


 

Item 3. If This Statement is Filed Pursuant to §240 13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

 

Brinker Capital Inc.

 

  (e) x An investment adviser in accordance with §240.13d -1(b)(1) (ii)(E);

 

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Item 4. Ownership

 

Brinker Capital Inc.:

 

(a) Amount beneficially owned: 478

 

(b) Percent of class: .006%

 

(c) Number of shares as to which such person has:

 

(i) Sole power to vote or to direct the vote

 

None.

 

(ii) Shared power to vote or to direct the vote

 

478

 

(iii) Sole power to dispose or to direct the disposition of

 

None.

 

(iv) Shared power to dispose or to direct the disposition of

 

478


 

**Note 1** Brinker Capital Inc. ("Brinker"), an investment adviser registered under Section 203 of the Investment Advisers Act of 1940, furnishes investment advice to un-registered accounts (collectively, the "Accounts"). In its role as investment adviser or manager, Brinker possesses shared voting and investment power over securities of the Issuer described in this schedule that are owned by the Accounts, and may be deemed to be the beneficial owner of such shares of the Issuer held by the Accounts. However, all securities reported in this schedule are owned by the Accounts. Pursuant to Rule 13d-4 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Brinker disclaims beneficial ownership of such securities. In addition, the filing of this schedule shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Exchange Act.

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: ¨

 

Not Applicable

 


 

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Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

 

The Accounts described in Note 1 above have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities held in their respective accounts. Brinker Capital disclaims beneficial ownership of all such securities.

 


 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not Applicable 


 

Item 8. Identification and Classification of Members of the Group.

 

Not Applicable 


 

Item 9. Notice of Dissolution of Group.

 

Not Applicable 


 

Item 10. Certification.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

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SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Brinker Capital Inc.  
     
By: */s/ Brian Ferko  
Name:  Brian Ferko  
Title: Chief Compliance Officer  

 

Date: May 7, 2013

 

* Pursuant to a Power of Attorney previously filed with Reporting Persons initial Schedule 13G with respect to Issuer.

 

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