First Trust Emerging Markets Local Currency Bond ETF $FEMB Shares Newly Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. bought a new position in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 61,513 shares of the company’s stock, valued at approximately $1,730,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FEMB. Envestnet Asset Management Inc. lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 14.3% in the second quarter. Envestnet Asset Management Inc. now owns 240,435 shares of the company’s stock valued at $7,026,000 after acquiring an additional 30,002 shares during the period. RFG Advisory LLC purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF in the 2nd quarter worth approximately $323,000. BAM Wealth Management LLC boosted its position in First Trust Emerging Markets Local Currency Bond ETF by 42.2% in the 2nd quarter. BAM Wealth Management LLC now owns 16,169 shares of the company’s stock worth $472,000 after purchasing an additional 4,799 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in First Trust Emerging Markets Local Currency Bond ETF by 66.3% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 451,677 shares of the company’s stock worth $13,198,000 after purchasing an additional 180,123 shares in the last quarter. Finally, InTrack Investment Management Inc boosted its position in First Trust Emerging Markets Local Currency Bond ETF by 139.5% in the 2nd quarter. InTrack Investment Management Inc now owns 17,561 shares of the company’s stock worth $513,000 after purchasing an additional 10,228 shares in the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.8%

Shares of NASDAQ FEMB opened at $28.68 on Thursday. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $28.13 and a 12 month high of $31.55. The firm’s 50 day simple moving average is $29.19 and its 200-day simple moving average is $29.34.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 21st will be paid a $0.20 dividend. This represents a $2.40 annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Wednesday, October 21st.

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