First Trust Emerging Markets Local Currency Bond ETF $FEMB Shares Newly Purchased by MGO One Seven LLC

MGO One Seven LLC purchased a new position in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 54,828 shares of the company’s stock, valued at approximately $1,561,000. MGO One Seven LLC owned approximately 0.41% of First Trust Emerging Markets Local Currency Bond ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Milestones Private Investment Advisors LLC increased its position in First Trust Emerging Markets Local Currency Bond ETF by 15.4% in the 1st quarter. Milestones Private Investment Advisors LLC now owns 8,011 shares of the company’s stock valued at $230,000 after acquiring an additional 1,072 shares in the last quarter. Balefire LLC raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 8.9% in the first quarter. Balefire LLC now owns 13,691 shares of the company’s stock worth $393,000 after acquiring an additional 1,124 shares during the last quarter. Assetmark Inc. raised its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 13.7% in the first quarter. Assetmark Inc. now owns 28,987 shares of the company’s stock worth $833,000 after acquiring an additional 3,499 shares during the last quarter. BAM Wealth Management LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 42.2% during the second 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. Finally, Kestra Advisory Services LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 114.1% during the first quarter. Kestra Advisory Services LLC now owns 9,301 shares of the company’s stock worth $267,000 after purchasing an additional 4,956 shares in the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

FEMB opened at $28.34 on Thursday. First Trust Emerging Markets Local Currency Bond ETF has a one year low of $27.68 and a one year high of $31.55. The company’s 50 day simple moving average is $28.89 and its 200-day simple moving average is $29.45.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were given a $0.20 dividend. This represents a $2.40 annualized dividend and a yield of 8.5%. The ex-dividend date was Wednesday, October 21st.

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.