EWG Elevate Inc. Increases Stock Holdings in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

EWG Elevate Inc. boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,341 shares of the company’s stock after purchasing an additional 599 shares during the period. EWG Elevate Inc. owned approximately 0.84% of First Trust Emerging Markets Local Currency Bond ETF worth $1,720,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FEMB. Envestnet Asset Management Inc. grew its holdings 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 worth $14,485,000 after purchasing an additional 103,436 shares during the period. Janney Montgomery Scott LLC increased its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 1.9% during the first quarter. Janney Montgomery Scott LLC now owns 127,124 shares of the company’s stock valued at $3,581,000 after acquiring an additional 2,349 shares during the last quarter. Private Advisory Group LLC raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 16.1% in the 2nd 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 raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 38.9% in the 1st 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 during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 5.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 88,080 shares of the company’s stock worth $2,481,000 after acquiring an additional 4,785 shares during the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

Shares of FEMB stock traded down $0.26 on Monday, hitting $28.15. The stock had a trading volume of 77,853 shares, compared to its average volume of 63,367. The company’s 50 day moving average price is $28.40 and its 200-day moving average price is $27.90. 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 Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1325 per share. The ex-dividend date was Thursday, September 26th. This represents a $1.59 annualized dividend and a yield of 5.65%.

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.