Concurrent Investment Advisors LLC raised its holdings in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 38.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 90,184 shares of the company’s stock after purchasing an additional 25,234 shares during the quarter. Concurrent Investment Advisors LLC owned about 1.58% of First Trust Emerging Markets Local Currency Bond ETF worth $2,540,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in FEMB. Principal Securities Inc. purchased a new position in First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter worth $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the first quarter valued at about $120,000. Spire Wealth Management purchased a new stake in First Trust Emerging Markets Local Currency Bond ETF during the first quarter worth about $191,000. Concourse Financial Group Securities Inc. grew its position in First Trust Emerging Markets Local Currency Bond ETF by 38.8% during the first quarter. Concourse Financial Group Securities Inc. now owns 7,873 shares of the company’s stock worth $222,000 after buying an additional 2,201 shares during the period. Finally, Synergy Asset Management LLC increased its holdings in First Trust Emerging Markets Local Currency Bond ETF by 38.0% in the fourth quarter. Synergy Asset Management LLC now owns 17,336 shares of the company’s stock valued at $505,000 after buying an additional 4,772 shares in the last quarter.
First Trust Emerging Markets Local Currency Bond ETF Price Performance
NASDAQ FEMB traded down $0.13 during trading hours on Monday, reaching $27.83. The company’s stock had a trading volume of 85,835 shares, compared to its average volume of 64,176. 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 company’s 50-day moving average is $27.54 and its two-hundred day moving average is $28.04.
First Trust Emerging Markets Local Currency Bond ETF Announces Dividend
First Trust Emerging Markets Local Currency Bond ETF 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.
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