Euro Pacific Asset Management LLC Cuts Stake in First Trust Emerging Markets Local Currency Bond ETF $FEMB

Euro Pacific Asset Management LLC lessened its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 1.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 111,487 shares of the company’s stock after selling 2,111 shares during the period. Euro Pacific Asset Management LLC owned about 1.53% of First Trust Emerging Markets Local Currency Bond ETF worth $3,272,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Realta Investment Advisors bought a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the 2nd quarter valued at approximately $284,000. Ameritas Advisory Services LLC purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF in the second quarter worth $121,000. Raleigh Capital Management Inc. raised its stake in shares of 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 valued at $30,000 after buying an additional 469 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the second quarter valued at $243,000. Finally, HBW Advisory Services LLC purchased a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the 2nd quarter valued at $285,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.1%

FEMB stock opened at $29.44 on Monday. The stock has a fifty day moving average of $29.13 and a 200-day moving average of $28.34. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.00.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a $0.1425 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 5.8%.

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.