Cwm LLC Lowers Stock Position in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Cwm LLC lessened its holdings in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 24.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,745 shares of the company’s stock after selling 32,436 shares during the quarter. Cwm LLC owned 1.84% of First Trust Emerging Markets Local Currency Bond ETF worth $2,847,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FEMB. D.A. Davidson & CO. boosted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 2.6% in the 3rd quarter. D.A. Davidson & CO. now owns 18,279 shares of the company’s stock valued at $494,000 after purchasing an additional 470 shares in the last quarter. Synergy Asset Management LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 38.0% during the 4th quarter. Synergy Asset Management LLC now owns 17,336 shares of the company’s stock valued at $505,000 after acquiring an additional 4,772 shares during the period. MGO One Seven LLC acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the 3rd quarter valued at approximately $545,000. Clarus Wealth Advisors acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the 4th quarter valued at approximately $610,000. Finally, Raymond James & Associates lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 256.0% during the 3rd quarter. Raymond James & Associates now owns 41,115 shares of the company’s stock valued at $1,112,000 after acquiring an additional 29,566 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.9 %

FEMB stock opened at $27.13 on Thursday. The firm has a 50 day moving average of $28.20 and a 200-day moving average of $28.18. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.91 and a 12-month high of $30.50.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th will be given a dividend of $0.1325 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.86%.

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.