First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) to Issue $0.18 Dividend

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) announced a dividend on Thursday, August 20th, NASDAQ Dividends reports. Shareholders of record on Friday, August 21st will be given a dividend of 0.185 per share on Monday, August 31st. The ex-dividend date of this dividend is Friday, August 21st.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

FEMB stock traded down $0.01 during midday trading on Friday, hitting $29.73. 21,387 shares of the company’s stock were exchanged, compared to its average volume of 123,396. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $28.30 and a 1-year high of $31.55. The business has a 50-day simple moving average of $29.43 and a two-hundred day simple moving average of $29.59.

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. FEMB was launched on Nov 4, 2014 and is managed by First Trust.