Wealth Enhancement Advisory Services LLC Invests $275,000 in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,591 shares of the company’s stock, valued at approximately $275,000. Wealth Enhancement Advisory Services LLC owned about 0.19% of First Trust Emerging Markets Local Currency Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in FEMB. Jane Street Group LLC acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF during the 4th quarter worth approximately $12,585,000. Independent Advisor Alliance purchased a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter worth approximately $3,649,000. Susquehanna International Group LLP acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter worth about $3,090,000. Raymond James Financial Inc. acquired a new position in First Trust Emerging Markets Local Currency Bond ETF in the 4th quarter valued at about $2,538,000. Finally, OLD Mission Capital LLC purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF during the 4th quarter valued at approximately $1,804,000.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.4%

First Trust Emerging Markets Local Currency Bond ETF stock opened at $28.36 on Monday. The stock has a 50 day moving average of $27.69 and a two-hundred day moving average of $27.06. First Trust Emerging Markets Local Currency Bond ETF has a twelve month low of $25.60 and a twelve month high of $29.35.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were paid a dividend of $0.1425 per share. This represents a $1.71 annualized dividend and a dividend yield of 6.03%. The ex-dividend date of this dividend was Wednesday, May 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.