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

TAP Consulting LLC reduced its position 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 13F filing with the SEC. The firm owned 9,519 shares of the company’s stock after selling 8,857 shares during the quarter. TAP Consulting LLC’s holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $247,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Independent Advisor Alliance acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter valued at about $3,649,000. Raymond James Financial Inc. bought a new position in First Trust Emerging Markets Local Currency Bond ETF in the 4th quarter valued at about $2,538,000. Spire Wealth Management boosted its stake in First Trust Emerging Markets Local Currency Bond ETF by 111.2% during the 4th quarter. Spire Wealth Management now owns 11,965 shares of the company’s stock valued at $311,000 after purchasing an additional 6,299 shares during the last quarter. Synergy Asset Management LLC increased its holdings in First Trust Emerging Markets Local Currency Bond ETF by 133.2% during the 4th quarter. Synergy Asset Management LLC now owns 22,427 shares of the company’s stock worth $614,000 after purchasing an additional 12,809 shares in the last quarter. Finally, Euro Pacific Asset Management LLC raised its stake in shares of 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 last quarter.

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

Shares of NASDAQ:FEMB opened at $27.36 on Thursday. The business’s 50 day moving average is $26.78 and its 200 day moving average is $27.25. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.60 and a 12-month high of $29.35.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

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

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.