First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Plans Monthly Dividend of $0.14

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMBGet Rating) announced a monthly dividend on Monday, May 23rd, Zacks reports. Shareholders of record on Wednesday, May 25th will be paid a dividend of 0.14 per share on Tuesday, May 31st. This represents a $1.68 annualized dividend and a yield of 5.97%. The ex-dividend date is Tuesday, May 24th.

FEMB traded down $0.04 during midday trading on Wednesday, hitting $28.15. 200 shares of the company were exchanged, compared to its average volume of 78,414. The company’s 50 day simple moving average is $28.86 and its 200 day simple moving average is $30.34. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $27.14 and a 1-year high of $36.31.

A number of institutional investors and hedge funds have recently made changes to their positions in FEMB. OLD Mission Capital LLC acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF during the 3rd quarter worth about $3,693,000. Morgan Stanley lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 11.1% in the 2nd quarter. Morgan Stanley now owns 788,403 shares of the company’s stock valued at $27,460,000 after buying an additional 78,791 shares in the last quarter. Cetera Investment Advisers lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 18.4% in the 4th quarter. Cetera Investment Advisers now owns 15,824 shares of the company’s stock valued at $493,000 after buying an additional 2,460 shares in the last quarter. Stifel Financial Corp lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 18.7% in the 4th quarter. Stifel Financial Corp now owns 32,407 shares of the company’s stock valued at $1,010,000 after buying an additional 5,099 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 15.9% in the 4th quarter. Wells Fargo & Company MN now owns 769,361 shares of the company’s stock valued at $23,981,000 after buying an additional 105,505 shares in the last quarter.

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Dividend History for First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

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