Csenge Advisory Group Purchases Shares of 58,901 First Trust Emerging Markets Local Currency Bond ETF $FEMB

Csenge Advisory Group acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 58,901 shares of the company’s stock, valued at approximately $1,728,000.

A number of other institutional investors also recently modified their holdings of FEMB. Benjamin Edwards Inc. grew its position in First Trust Emerging Markets Local Currency Bond ETF by 7.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 9,304 shares of the company’s stock worth $273,000 after acquiring an additional 662 shares during the last quarter. Almanack Investment Partners LLC. raised its position in First Trust Emerging Markets Local Currency Bond ETF by 4.3% in the 3rd quarter. Almanack Investment Partners LLC. now owns 174,330 shares of the company’s stock valued at $5,115,000 after purchasing an additional 7,262 shares during the last quarter. D.A. Davidson & CO. boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 9.1% in the third quarter. D.A. Davidson & CO. now owns 35,645 shares of the company’s stock worth $1,046,000 after purchasing an additional 2,988 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the third quarter worth $3,872,000. Finally, Brookwood Investment Group LLC bought a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the third quarter worth $232,000.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.3%

First Trust Emerging Markets Local Currency Bond ETF stock opened at $29.99 on Friday. The stock has a 50-day simple moving average of $29.71 and a 200 day simple moving average of $29.34. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.66 and a 12-month high of $30.13.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.1425 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

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. FEMB was launched on Nov 4, 2014 and is managed by First Trust.