EWG Elevate Inc. Acquires 2,931 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

EWG Elevate Inc. raised its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 62,272 shares of the company’s stock after purchasing an additional 2,931 shares during the quarter. EWG Elevate Inc.’s holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $1,618,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in First Trust Emerging Markets Local Currency Bond ETF by 8.6% in the third quarter. Private Advisor Group LLC now owns 47,338 shares of the company’s stock valued at $1,372,000 after purchasing an additional 3,745 shares in the last quarter. CWM LLC increased its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 26,208.4% in the 3rd quarter. CWM LLC now owns 56,300 shares of the company’s stock valued at $1,632,000 after buying an additional 56,086 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 47.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,274 shares of the company’s stock worth $170,000 after buying an additional 2,015 shares during the period. D.A. Davidson & CO. bought a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the third quarter worth about $813,000. Finally, Envestnet Asset Management Inc. raised its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 24.1% during the second quarter. Envestnet Asset Management Inc. now owns 533,138 shares of the company’s stock worth $14,485,000 after purchasing an additional 103,436 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.8 %

NASDAQ:FEMB opened at $26.05 on Monday. The business’s 50-day simple moving average is $26.74 and its 200-day simple moving average is $27.58. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1325 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date of this dividend was Friday, December 13th.

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.