First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Plans Monthly Dividend of $0.14

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a monthly dividend on Tuesday, January 20th. Stockholders of record on Wednesday, January 21st will be given a dividend of 0.1425 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Wednesday, January 21st.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.2%

Shares of First Trust Emerging Markets Local Currency Bond ETF stock opened at $30.06 on Wednesday. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $25.66 and a 1 year high of $30.15. The company has a 50-day moving average of $29.72 and a 200 day moving average of $29.35.

Hedge Funds Weigh In On First Trust Emerging Markets Local Currency Bond ETF

Several large investors have recently made changes to their positions in the business. KKM Financial LLC boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 3.9% in the 3rd quarter. KKM Financial LLC now owns 11,687 shares of the company’s stock worth $343,000 after purchasing an additional 440 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 80.2% in the second quarter. Raleigh Capital Management Inc. now owns 1,054 shares of the company’s stock worth $30,000 after acquiring an additional 469 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 7.7% in the third 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. Spire Wealth Management grew its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 6.6% in the second quarter. Spire Wealth Management now owns 12,749 shares of the company’s stock worth $368,000 after acquiring an additional 788 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 3.0% during the third quarter. Walkner Condon Financial Advisors LLC now owns 44,748 shares of the company’s stock valued at $1,313,000 after acquiring an additional 1,309 shares in the last quarter.

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