Cwm LLC Acquires 56,086 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Cwm LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 26,208.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,300 shares of the company’s stock after acquiring an additional 56,086 shares during the period. Cwm LLC’s holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $1,632,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FEMB. Envestnet Asset Management Inc. raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 24.1% during the 2nd 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 during the period. Janney Montgomery Scott LLC lifted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 1.9% in the first quarter. Janney Montgomery Scott LLC now owns 127,124 shares of the company’s stock worth $3,581,000 after buying an additional 2,349 shares in the last quarter. Private Advisory Group LLC boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 16.1% in the second quarter. Private Advisory Group LLC now owns 104,300 shares of the company’s stock valued at $2,834,000 after acquiring an additional 14,450 shares during the period. Concurrent Investment Advisors LLC grew its stake in First Trust Emerging Markets Local Currency Bond ETF by 38.9% during the first quarter. Concurrent Investment Advisors LLC now owns 90,184 shares of the company’s stock valued at $2,540,000 after acquiring an additional 25,234 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in First Trust Emerging Markets Local Currency Bond ETF during the 1st quarter worth approximately $2,385,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.4 %

NASDAQ FEMB opened at $28.05 on Wednesday. The company’s 50 day simple moving average is $28.47 and its two-hundred day simple moving average is $27.89. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $26.37 and a 1 year high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1325 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.67%.

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.