Gibson Capital LLC Sells 10,745 Shares of Freedom 100 Emerging Markets ETF $FRDM

Gibson Capital LLC cut its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 70.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,574 shares of the company’s stock after selling 10,745 shares during the quarter. Gibson Capital LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $320,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FRDM. XY Planning Network Inc. lifted its holdings in shares of Freedom 100 Emerging Markets ETF by 1.8% in the second quarter. XY Planning Network Inc. now owns 9,441 shares of the company’s stock valued at $688,000 after purchasing an additional 168 shares in the last quarter. Lord & Richards Wealth Management LLC raised its stake in Freedom 100 Emerging Markets ETF by 0.9% in the 2nd quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock valued at $2,557,000 after acquiring an additional 311 shares during the period. Western Wealth Management LLC grew its stake in Freedom 100 Emerging Markets ETF by 3.7% in the 1st quarter. Western Wealth Management LLC now owns 10,325 shares of the company’s stock valued at $564,000 after buying an additional 370 shares during the last quarter. CoreCap Advisors LLC bought a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter valued at about $28,000. Finally, Capital Analysts LLC acquired a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter worth approximately $32,000.

Freedom 100 Emerging Markets ETF Trading Up 0.7%

Shares of FRDM stock opened at $63.64 on Friday. The stock has a 50 day simple moving average of $69.01 and a 200 day simple moving average of $67.86. Freedom 100 Emerging Markets ETF has a 1 year low of $45.41 and a 1 year high of $76.90. The stock has a market cap of $1.88 billion, a P/E ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a $0.2934 dividend. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th. This represents a $1.17 annualized dividend and a yield of 1.8%.

Freedom 100 Emerging Markets ETF Profile

The Freedom 100 Emerging Markets ETF (FRDM) is an exchange-traded fund that mostly invests in total market equity. FDRM tracks an index that selects and weights exposure to emerging market equities based on personal and economic freedom metrics. FRDM was launched on May 23, 2019 and is managed by Alpha Architect.