Cetera Investment Advisers Increases Stake in First Trust Emerging Markets Local Currency Bond ETF $FEMB

Cetera Investment Advisers lifted its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 23.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 58,302 shares of the company’s stock after buying an additional 10,889 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $1,684,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FEMB. Almanack Investment Partners LLC. bought a new stake in First Trust Emerging Markets Local Currency Bond ETF in the 2nd quarter valued at $4,825,000. Envestnet Asset Management Inc. grew its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 242.9% during the second quarter. Envestnet Asset Management Inc. now owns 109,196 shares of the company’s stock valued at $3,154,000 after purchasing an additional 77,349 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 466.6% in the second quarter. Concurrent Investment Advisors LLC now owns 72,667 shares of the company’s stock worth $2,099,000 after purchasing an additional 59,842 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the second quarter worth about $1,516,000. Finally, CWM LLC boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 30,863.4% during the second quarter. CWM LLC now owns 44,897 shares of the company’s stock valued at $1,297,000 after buying an additional 44,752 shares during the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

NASDAQ FEMB opened at $29.59 on Monday. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $25.60 and a 1-year high of $30.00. The business has a 50 day simple moving average of $29.45 and a two-hundred day simple moving average of $28.98.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were given a $0.1425 dividend. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date was Friday, November 21st.

About First Trust Emerging Markets Local Currency Bond ETF

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.