Harbour Investments Inc. Sells 54,604 Shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB)

Harbour Investments Inc. reduced its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 84.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 9,683 shares of the company’s stock after selling 54,604 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Emerging Markets Local Currency Bond ETF were worth $281,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of FEMB. Private Advisor Group LLC grew its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 8.6% in the 3rd quarter. Private Advisor Group LLC now owns 47,338 shares of the company’s stock worth $1,372,000 after acquiring an additional 3,745 shares in the last quarter. Belpointe Asset Management LLC increased its stake in First Trust Emerging Markets Local Currency Bond ETF by 48.6% in the 2nd quarter. Belpointe Asset Management LLC now owns 52,489 shares of the company’s stock valued at $1,426,000 after buying an additional 17,171 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the 1st quarter worth approximately $2,385,000. CWM LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 26,208.4% during the 3rd quarter. CWM LLC now owns 56,300 shares of the company’s stock worth $1,632,000 after buying an additional 56,086 shares in the last quarter. Finally, Cetera Advisors LLC purchased a new position in shares of First Trust Emerging Markets Local Currency Bond ETF in the 1st quarter worth approximately $1,173,000.

First Trust Emerging Markets Local Currency Bond ETF Stock Up 0.1 %

Shares of FEMB opened at $26.94 on Monday. The stock has a 50 day moving average of $28.06 and a 200 day moving average of $27.85. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $26.64 and a 12 month high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

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

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.