Realta Investment Advisors Makes New Investment in First Trust Emerging Markets Local Currency Bond ETF $FEMB

Realta Investment Advisors acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 9,848 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds also recently bought and sold shares of FEMB. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 3.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 21,277 shares of the company’s stock valued at $572,000 after acquiring an additional 731 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF in the 4th quarter valued at approximately $275,000. Harbour Investments Inc. increased its holdings in First Trust Emerging Markets Local Currency Bond ETF by 14.9% in the 1st quarter. Harbour Investments Inc. now owns 4,589 shares of the company’s stock valued at $123,000 after purchasing an additional 594 shares during the last quarter. OLD Mission Capital LLC raised its position in First Trust Emerging Markets Local Currency Bond ETF by 1.0% in the first quarter. OLD Mission Capital LLC now owns 70,085 shares of the company’s stock valued at $1,885,000 after purchasing an additional 662 shares during the period. Finally, Walkner Condon Financial Advisors LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 2.3% during the first quarter. Walkner Condon Financial Advisors LLC now owns 39,677 shares of the company’s stock worth $1,067,000 after purchasing an additional 901 shares in the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

FEMB opened at $29.44 on Monday. First Trust Emerging Markets Local Currency Bond ETF has a 52 week low of $25.60 and a 52 week high of $30.00. The business has a fifty day simple moving average of $29.13 and a 200-day simple moving average of $28.34.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

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

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.