Harbour Investments Inc. lifted its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 7.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 64,287 shares of the company’s stock after purchasing an additional 4,509 shares during the quarter. Harbour Investments Inc. owned 0.95% of First Trust Emerging Markets Local Currency Bond ETF worth $1,747,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the stock. Principal Securities Inc. purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter valued at about $33,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the 1st quarter valued at approximately $120,000. Spire Wealth Management purchased a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the 1st quarter valued at approximately $191,000. Comerica Bank boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 12.7% in the 1st quarter. Comerica Bank now owns 7,203 shares of the company’s stock worth $203,000 after purchasing an additional 809 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its position in First Trust Emerging Markets Local Currency Bond ETF by 38.8% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 7,873 shares of the company’s stock worth $222,000 after purchasing an additional 2,201 shares in the last quarter.
First Trust Emerging Markets Local Currency Bond ETF Price Performance
Shares of FEMB traded down $0.04 during mid-day trading on Tuesday, reaching $28.53. The company’s stock had a trading volume of 35,009 shares, compared to its average volume of 65,229. The business has a fifty day moving average of $27.71 and a 200 day moving average of $27.86. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $25.91 and a 1 year high of $30.11.
First Trust Emerging Markets Local Currency Bond ETF Increases Dividend
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.
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