First Trust Advisors LP raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 24.8% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 319,673 shares of the company’s stock after purchasing an additional 63,498 shares during the period. First Trust Advisors LP owned approximately 2.65% of First Trust Emerging Markets Local Currency Bond ETF worth $9,186,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Realta Investment Advisors lifted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 8.5% in the first quarter. Realta Investment Advisors now owns 10,818 shares of the company’s stock valued at $311,000 after purchasing an additional 848 shares in the last quarter. Milestones Private Investment Advisors LLC grew its holdings in First Trust Emerging Markets Local Currency Bond ETF by 15.4% during the first quarter. Milestones Private Investment Advisors LLC now owns 8,011 shares of the company’s stock worth $230,000 after buying an additional 1,072 shares in the last quarter. D.A. Davidson & CO. grew its holdings in First Trust Emerging Markets Local Currency Bond ETF by 3.0% during the fourth quarter. D.A. Davidson & CO. now owns 36,725 shares of the company’s stock worth $1,094,000 after buying an additional 1,080 shares in the last quarter. Balefire LLC raised its position in First Trust Emerging Markets Local Currency Bond ETF by 8.9% in the 1st quarter. Balefire LLC now owns 13,691 shares of the company’s stock valued at $393,000 after buying an additional 1,124 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in First Trust Emerging Markets Local Currency Bond ETF by 341.6% in the 1st quarter. Sound Income Strategies LLC now owns 1,519 shares of the company’s stock valued at $44,000 after buying an additional 1,175 shares during the last quarter.
First Trust Emerging Markets Local Currency Bond ETF Stock Performance
Shares of NASDAQ:FEMB opened at $29.34 on Friday. The stock’s fifty day simple moving average is $29.31 and its two-hundred day simple moving average is $29.65. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $28.18 and a 1-year high of $31.55.
First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement
First Trust Emerging Markets Local Currency Bond ETF Company 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.
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