First Trust Emerging Markets Local Currency Bond ETF Declares Monthly Dividend of $0.13 (NASDAQ:FEMB)

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMBGet Rating) announced a monthly dividend on Monday, January 23rd, Zacks reports. Shareholders of record on Wednesday, January 25th will be given a dividend of 0.125 per share on Tuesday, January 31st. This represents a $1.50 annualized dividend and a yield of 5.43%. The ex-dividend date of this dividend is Tuesday, January 24th.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

FEMB stock opened at $27.64 on Wednesday. The business has a fifty day moving average of $26.40 and a two-hundred day moving average of $25.83. First Trust Emerging Markets Local Currency Bond ETF has a 52-week low of $23.95 and a 52-week high of $32.28.

Institutional Investors Weigh In On First Trust Emerging Markets Local Currency Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FEMB. UBS Group AG purchased a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the first quarter worth $58,000. Tower Research Capital LLC TRC boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 99.3% during the third quarter. Tower Research Capital LLC TRC now owns 3,040 shares of the company’s stock worth $75,000 after buying an additional 1,515 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 4.3% during the first quarter. Geneos Wealth Management Inc. now owns 24,258 shares of the company’s stock worth $731,000 after buying an additional 999 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 16.2% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 42,244 shares of the company’s stock worth $1,274,000 after buying an additional 5,887 shares during the period. Finally, Citadel Advisors LLC boosted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 66.8% during the third quarter. Citadel Advisors LLC now owns 49,690 shares of the company’s stock worth $1,218,000 after buying an additional 19,899 shares during the period.

See Also

Dividend History for First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

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