Assetmark Inc. Acquires 22,241 Shares of First Trust Emerging Markets Local Currency Bond ETF $FEMB

Assetmark Inc. grew its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 4,293.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,759 shares of the company’s stock after purchasing an additional 22,241 shares during the period. Assetmark Inc. owned approximately 0.31% of First Trust Emerging Markets Local Currency Bond ETF worth $657,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 12.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 31,847 shares of the company’s stock valued at $856,000 after buying an additional 3,470 shares in the last quarter. LPL Financial LLC raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 1.6% during the first quarter. LPL Financial LLC now owns 320,255 shares of the company’s stock worth $8,612,000 after acquiring an additional 5,027 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 14.9% during the first quarter. Harbour Investments Inc. now owns 4,589 shares of the company’s stock valued at $123,000 after acquiring an additional 594 shares during the period. OLD Mission Capital LLC boosted its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 1.0% in the 1st quarter. OLD Mission Capital LLC now owns 70,085 shares of the company’s stock valued at $1,885,000 after purchasing an additional 662 shares in the last quarter. Finally, HBW Advisory Services LLC acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the 2nd quarter valued at $285,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Up 0.7%

Shares of First Trust Emerging Markets Local Currency Bond ETF stock opened at $29.52 on Friday. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.60 and a 12-month high of $30.00. The company has a 50-day simple moving average of $29.36 and a 200 day simple moving average of $28.74.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, October 21st were given a dividend of $0.1425 per share. The ex-dividend date was Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 5.8%.

About First Trust Emerging Markets Local Currency Bond ETF

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.