First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Shares Purchased by KKM Financial LLC

KKM Financial LLC raised its holdings in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,713 shares of the company’s stock after acquiring an additional 2,928 shares during the period. KKM Financial LLC owned approximately 0.16% of First Trust Emerging Markets Local Currency Bond ETF worth $339,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 24.1% in the second quarter. Envestnet Asset Management Inc. now owns 533,138 shares of the company’s stock valued at $14,485,000 after purchasing an additional 103,436 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF in the 3rd quarter valued at $3,172,000. Private Advisory Group LLC grew its holdings in First Trust Emerging Markets Local Currency Bond ETF by 16.1% in the 2nd quarter. Private Advisory Group LLC now owns 104,300 shares of the company’s stock valued at $2,834,000 after buying an additional 14,450 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the 1st quarter worth $2,385,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 0.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 74,099 shares of the company’s stock worth $2,013,000 after acquiring an additional 474 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

Shares of FEMB stock opened at $26.89 on Friday. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $26.62 and a twelve month high of $30.11. The company’s 50-day moving average price is $27.93 and its 200-day moving average price is $27.83.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.1325 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.59 annualized dividend and a yield of 5.91%.

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.