Csenge Advisory Group lifted its stake in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Free Report) by 7.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,247 shares of the company’s stock after acquiring an additional 2,805 shares during the quarter. Csenge Advisory Group owned approximately 0.60% of First Trust Emerging Markets Local Currency Bond ETF worth $1,039,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Securities Inc. acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter valued at about $33,000. Benjamin F. Edwards & Company Inc. bought a new stake in First Trust Emerging Markets Local Currency Bond ETF in the first quarter valued at approximately $120,000. Spire Wealth Management bought a new stake in First Trust Emerging Markets Local Currency Bond ETF in the first quarter valued at approximately $191,000. Comerica Bank raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 12.7% in the first quarter. Comerica Bank now owns 7,203 shares of the company’s stock valued at $203,000 after buying an additional 809 shares during the period. Finally, Concourse Financial Group Securities Inc. raised its stake in First Trust Emerging Markets Local Currency Bond ETF by 38.8% in the first quarter. Concourse Financial Group Securities Inc. now owns 7,873 shares of the company’s stock valued at $222,000 after buying an additional 2,201 shares during the period.
First Trust Emerging Markets Local Currency Bond ETF Stock Performance
NASDAQ:FEMB opened at $27.95 on Friday. The stock’s 50 day moving average price is $27.42 and its two-hundred day moving average price is $27.88. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.91 and a 12-month high of $30.11.
First Trust Emerging Markets Local Currency Bond ETF Cuts Dividend
About First Trust Emerging Markets Local Currency Bond ETF
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.
Featured Articles
- Five stocks we like better than First Trust Emerging Markets Local Currency Bond ETF
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Novo Nordisk’s Shares Go on a Rollercoaster Ride After Earnings
- Best Stocks Under $5.00
- Wall Street Predicts Zillow Stock Will Dominate in Performance
- What is a Stock Market Index and How Do You Use Them?
- It’s Too Soon to Buy the Dip in Weight Loss Drugmakers
Receive News & Ratings for First Trust Emerging Markets Local Currency Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Emerging Markets Local Currency Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.