Harbour Investments Inc. Has $281,000 Position in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Harbour Investments Inc. lessened its holdings in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 84.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,683 shares of the company’s stock after selling 54,604 shares during the quarter. Harbour Investments Inc. owned approximately 0.13% of First Trust Emerging Markets Local Currency Bond ETF worth $281,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in FEMB. Benjamin F. Edwards & Company Inc. increased its position in First Trust Emerging Markets Local Currency Bond ETF by 47.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,274 shares of the company’s stock valued at $170,000 after purchasing an additional 2,015 shares during the period. Comerica Bank raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 12.7% during the first quarter. Comerica Bank now owns 7,203 shares of the company’s stock worth $203,000 after buying an additional 809 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in First Trust Emerging Markets Local Currency Bond ETF by 12.1% in the second quarter. Concourse Financial Group Securities Inc. now owns 8,827 shares of the company’s stock valued at $240,000 after buying an additional 954 shares during the period. AE Wealth Management LLC bought a new stake in First Trust Emerging Markets Local Currency Bond ETF during the second quarter valued at $270,000. Finally, Iams Wealth Management LLC boosted its position in First Trust Emerging Markets Local Currency Bond ETF by 5.9% during the third quarter. Iams Wealth Management LLC now owns 9,710 shares of the company’s stock valued at $281,000 after acquiring an additional 541 shares during the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

Shares of First Trust Emerging Markets Local Currency Bond ETF stock opened at $26.94 on Monday. The stock’s 50-day moving average is $28.06 and its 200 day moving average is $27.85. First Trust Emerging Markets Local Currency Bond ETF has a one year low of $26.64 and a one year high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were given a dividend of $0.1325 per share. This represents a $1.59 annualized dividend and a dividend yield of 5.90%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.