First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC raised its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 6.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,593 shares of the company’s stock after acquiring an additional 2,657 shares during the period. Private Advisor Group LLC owned 0.65% of First Trust Emerging Markets Local Currency Bond ETF worth $1,184,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 0.6% in the second quarter. Commonwealth Equity Services LLC now owns 74,099 shares of the company’s stock valued at $2,013,000 after acquiring an additional 474 shares during the period. Comerica Bank boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 12.7% during the first quarter. Comerica Bank now owns 7,203 shares of the company’s stock worth $203,000 after buying an additional 809 shares during the period. D.A. Davidson & CO. boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 4.7% during the fourth quarter. D.A. Davidson & CO. now owns 19,134 shares of the company’s stock worth $557,000 after buying an additional 855 shares during the period. Concourse Financial Group Securities Inc. boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 12.1% during the second quarter. Concourse Financial Group Securities Inc. now owns 8,827 shares of the company’s stock worth $240,000 after buying an additional 954 shares during the period. Finally, Principal Securities Inc. acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter worth approximately $33,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.1 %

Shares of NASDAQ FEMB opened at $28.55 on Monday. The stock has a 50 day simple moving average of $28.00 and a 200-day simple moving average of $27.86. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.91 and a 12-month high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Wednesday, August 21st were given a dividend of $0.1325 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This is an increase from First Trust Emerging Markets Local Currency Bond ETF’s previous monthly dividend of $0.13. This represents a $1.59 annualized dividend and a dividend yield of 5.57%.

About First Trust Emerging Markets Local Currency Bond ETF

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.