First Trust Emerging Markets Local Currency Bond ETF $FEMB Shares Newly Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. bought a new stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 61,513 shares of the company’s stock, valued at approximately $1,730,000. TD Waterhouse Canada Inc. owned about 0.46% of First Trust Emerging Markets Local Currency Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Concurrent Investment Advisors LLC raised its position in First Trust Emerging Markets Local Currency Bond ETF by 66.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 451,677 shares of the company’s stock worth $13,198,000 after buying an additional 180,123 shares during the last quarter. First Trust Advisors LP lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 24.8% during the 1st quarter. First Trust Advisors LP now owns 319,673 shares of the company’s stock valued at $9,186,000 after acquiring an additional 63,498 shares during the period. Envestnet Asset Management Inc. lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 14.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 240,435 shares of the company’s stock valued at $7,026,000 after acquiring an additional 30,002 shares during the period. Cetera Investment Advisers boosted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 20.1% in the 1st quarter. Cetera Investment Advisers now owns 109,529 shares of the company’s stock valued at $3,148,000 after acquiring an additional 18,304 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 46.0% in the 1st quarter. Sanctuary Advisors LLC now owns 52,132 shares of the company’s stock valued at $1,498,000 after acquiring an additional 16,432 shares during the last quarter.

First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.8%

FEMB stock opened at $28.68 on Thursday. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $28.13 and a 12 month high of $31.55. The firm’s fifty day simple moving average is $29.19 and its 200-day simple moving average is $29.34.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 21st will be given a dividend of $0.20 per share. The ex-dividend date is Wednesday, October 21st. This represents a $2.40 dividend on an annualized basis and a yield of 8.4%.

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. FEMB was launched on Nov 4, 2014 and is managed by First Trust.