Flow Traders U.S. LLC Buys 50,160 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Flow Traders U.S. LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 501.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 60,160 shares of the company’s stock after buying an additional 50,160 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.82% of First Trust Emerging Markets Local Currency Bond ETF worth $1,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Concurrent Investment Advisors LLC purchased a new position in First Trust Emerging Markets Local Currency Bond ETF during the 3rd quarter valued at approximately $3,172,000. Envestnet Asset Management Inc. grew its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 24.1% in the second quarter. Envestnet Asset Management Inc. now owns 533,138 shares of the company’s stock valued at $14,485,000 after purchasing an additional 103,436 shares in the last quarter. Cetera Investment Advisers purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF during the first quarter valued at $2,385,000. CWM LLC lifted its position in First Trust Emerging Markets Local Currency Bond ETF by 26,208.4% during the third quarter. CWM LLC now owns 56,300 shares of the company’s stock valued at $1,632,000 after purchasing an additional 56,086 shares during the last quarter. Finally, Cetera Advisors LLC bought a new position in First Trust Emerging Markets Local Currency Bond ETF during the first quarter valued at $1,173,000.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

First Trust Emerging Markets Local Currency Bond ETF stock opened at $27.09 on Monday. The company’s 50-day moving average price is $27.74 and its 200-day moving average price is $27.80. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $26.62 and a twelve month high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 21st were given a dividend of $0.1325 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $1.59 dividend on an annualized basis and a yield of 5.87%.

First Trust Emerging Markets Local Currency Bond ETF Profile

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.