OLD Mission Capital LLC Takes $1.80 Million Position in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

OLD Mission Capital LLC purchased a new position in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 69,423 shares of the company’s stock, valued at approximately $1,804,000. OLD Mission Capital LLC owned about 1.26% of First Trust Emerging Markets Local Currency Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FEMB. EWG Elevate Inc. lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 4.9% during the 4th quarter. EWG Elevate Inc. now owns 62,272 shares of the company’s stock worth $1,618,000 after buying an additional 2,931 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 7.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 137,130 shares of the company’s stock worth $3,563,000 after purchasing an additional 9,650 shares during the last quarter. Euro Pacific Asset Management LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 0.9% during the fourth quarter. Euro Pacific Asset Management LLC now owns 117,473 shares of the company’s stock worth $3,086,000 after purchasing an additional 1,041 shares during the last quarter. Synergy Asset Management LLC boosted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 133.2% in the fourth 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. Finally, Spire Wealth Management increased its stake in First Trust Emerging Markets Local Currency Bond ETF by 111.2% during the fourth quarter. Spire Wealth Management now owns 11,965 shares of the company’s stock valued at $311,000 after purchasing an additional 6,299 shares during the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.1 %

Shares of NASDAQ FEMB opened at $26.91 on Thursday. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $25.60 and a 1-year high of $29.35. The business’s fifty day moving average price is $26.96 and its two-hundred day moving average price is $27.16.

First Trust Emerging Markets Local Currency Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.1425 per share. This is a positive change from First Trust Emerging Markets Local Currency Bond ETF’s previous monthly dividend of $0.13. This represents a $1.71 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date of this dividend was Thursday, March 27th.

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.