Euro Pacific Asset Management LLC Raises Stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Euro Pacific Asset Management LLC boosted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 117,473 shares of the company’s stock after buying an additional 1,041 shares during the quarter. Euro Pacific Asset Management LLC owned 2.12% of First Trust Emerging Markets Local Currency Bond ETF worth $3,086,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. raised its position in First Trust Emerging Markets Local Currency Bond ETF by 47.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 6,274 shares of the company’s stock worth $170,000 after acquiring an additional 2,015 shares during the period. AE Wealth Management LLC purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF during the 2nd quarter worth approximately $270,000. Iams Wealth Management LLC raised its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 5.9% during the third quarter. Iams Wealth Management LLC now owns 9,710 shares of the company’s stock valued at $281,000 after acquiring an additional 541 shares during the last quarter. KKM Financial LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 33.3% in the third quarter. KKM Financial LLC now owns 11,713 shares of the company’s stock valued at $339,000 after acquiring an additional 2,928 shares in the last quarter. Finally, TAP Consulting LLC acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the third quarter worth approximately $533,000.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

NASDAQ:FEMB opened at $26.75 on Friday. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $25.60 and a twelve month high of $30.11. The company’s 50-day moving average price is $26.56 and its 200-day moving average price is $27.52.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be paid a $0.1325 dividend. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Wednesday, January 22nd.

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.