First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Shares Sold by Raymond James Financial Services Advisors Inc.

Posted by on Nov 4th, 2023

Raymond James Financial Services Advisors Inc. decreased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 68.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,357 shares of the company’s stock after selling 24,752 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.22% of First Trust Emerging Markets Local Currency Bond ETF worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Walkner Condon Financial Advisors LLC lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 13.5% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 66,228 shares of the company’s stock worth $1,898,000 after buying an additional 7,887 shares in the last quarter. Sterling Manor Financial LLC lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 26.2% in the 2nd quarter. Sterling Manor Financial LLC now owns 285,083 shares of the company’s stock worth $8,176,000 after buying an additional 59,225 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in First Trust Emerging Markets Local Currency Bond ETF in the 2nd quarter worth $2,734,000. EWG Elevate Inc. lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 8.6% in the 2nd quarter. EWG Elevate Inc. now owns 46,406 shares of the company’s stock worth $1,331,000 after buying an additional 3,663 shares in the last quarter. Finally, Worth Asset Management LLC acquired a new position in First Trust Emerging Markets Local Currency Bond ETF in the 2nd quarter worth $75,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 3.7 %

Shares of FEMB stock opened at $27.86 on Friday. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $24.00 and a 12 month high of $30.50. The company’s fifty day moving average price is $27.25 and its two-hundred day moving average price is $27.96.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Wednesday, October 25th were issued a $0.125 dividend. The ex-dividend date was Tuesday, October 24th. This represents a $1.50 dividend on an annualized basis and a yield of 5.38%.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

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