TAP Consulting LLC Sells 8,857 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

TAP Consulting LLC lowered its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 48.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,519 shares of the company’s stock after selling 8,857 shares during the quarter. TAP Consulting LLC owned approximately 0.17% of First Trust Emerging Markets Local Currency Bond ETF worth $247,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Independent Advisor Alliance acquired a new position in First Trust Emerging Markets Local Currency Bond ETF during the 4th quarter worth $3,649,000. Janney Montgomery Scott LLC boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 7.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 137,130 shares of the company’s stock worth $3,563,000 after acquiring an additional 9,650 shares during the last quarter. Euro Pacific Asset Management LLC raised its holdings in First Trust Emerging Markets Local Currency Bond ETF by 0.9% in the fourth quarter. Euro Pacific Asset Management LLC now owns 117,473 shares of the company’s stock worth $3,086,000 after purchasing an additional 1,041 shares during the period. Raymond James Financial Inc. acquired a new position in First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter valued at about $2,538,000. Finally, EWG Elevate Inc. increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 4.9% in the fourth quarter. EWG Elevate Inc. now owns 62,272 shares of the company’s stock worth $1,618,000 after acquiring an additional 2,931 shares in the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.0 %

NASDAQ:FEMB opened at $27.36 on Thursday. The business’s 50-day simple moving average is $26.78 and its 200-day simple moving average is $27.25. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.60 and a fifty-two week high of $29.35.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a $0.1325 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.59 annualized dividend and a yield of 5.81%.

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.