Pine Valley Investments Ltd Liability Co Sells 3,261 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Pine Valley Investments Ltd Liability Co decreased its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 7.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 42,303 shares of the company’s stock after selling 3,261 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $1,099,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. KKM Financial LLC increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 33.3% during the 3rd quarter. KKM Financial LLC now owns 11,713 shares of the company’s stock worth $339,000 after purchasing an additional 2,928 shares during the period. Spire Wealth Management increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 111.2% during the 4th quarter. Spire Wealth Management now owns 11,965 shares of the company’s stock worth $311,000 after purchasing an additional 6,299 shares during the period. Synergy Asset Management LLC increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 133.2% during the 4th quarter. Synergy Asset Management LLC now owns 22,427 shares of the company’s stock worth $614,000 after purchasing an additional 12,809 shares during the period. Assetmark Inc. increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 28.5% during the 3rd quarter. Assetmark Inc. now owns 25,258 shares of the company’s stock worth $732,000 after purchasing an additional 5,599 shares during the period. Finally, Prospera Financial Services Inc increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 9.4% during the 3rd quarter. Prospera Financial Services Inc now owns 26,595 shares of the company’s stock worth $771,000 after purchasing an additional 2,282 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

NASDAQ FEMB opened at $27.01 on Wednesday. The company’s 50-day simple moving average is $26.49 and its 200 day simple moving average is $27.38. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $25.60 and a twelve month high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a $0.1325 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.59 dividend on an annualized basis and a yield of 5.89%.

First Trust Emerging Markets Local Currency Bond ETF Company 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.