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

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMBGet Free Report) announced a monthly dividend on Wednesday, March 20th, NASDAQ reports. Investors of record on Friday, March 22nd will be given a dividend of 0.1325 per share on Thursday, March 28th. This represents a $1.59 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date is Thursday, March 21st.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

FEMB traded down $0.20 during trading on Thursday, reaching $28.32. 13,714 shares of the stock traded hands, compared to its average volume of 56,888. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.91 and a fifty-two week high of $30.50. The stock’s 50-day simple moving average is $28.51 and its two-hundred day simple moving average is $28.09.

Institutional Trading of First Trust Emerging Markets Local Currency Bond ETF

Institutional investors have recently bought and sold shares of the company. UBS Group AG acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF during the first quarter valued at $58,000. Tower Research Capital LLC TRC raised its holdings in 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 valued at $75,000 after buying an additional 1,515 shares in the last quarter. Comerica Bank bought a new position in First Trust Emerging Markets Local Currency Bond ETF during the third quarter valued at about $100,000. Stifel Financial Corp bought a new position in First Trust Emerging Markets Local Currency Bond ETF during the third quarter valued at about $219,000. Finally, Synergy Asset Management LLC bought a new position in First Trust Emerging Markets Local Currency Bond ETF during the first quarter valued at about $240,000.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

(Get Free Report)

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.

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

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