Freedom 100 Emerging Markets ETF $FRDM Stock: Yardley Wealth Management LLC Raises Holdings

Yardley Wealth Management LLC boosted its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 5.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 256,887 shares of the company’s stock after purchasing an additional 14,230 shares during the period. Freedom 100 Emerging Markets ETF comprises 7.8% of Yardley Wealth Management LLC’s holdings, making the stock its 3rd largest position. Yardley Wealth Management LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $17,972,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Beaumont Financial Advisors LLC acquired a new position in Freedom 100 Emerging Markets ETF during the third quarter worth approximately $20,752,000. Envestnet Asset Management Inc. lifted its position in shares of Freedom 100 Emerging Markets ETF by 53.6% in the second quarter. Envestnet Asset Management Inc. now owns 725,104 shares of the company’s stock valued at $49,446,000 after buying an additional 253,060 shares during the last quarter. Intelligence Driven Advisers LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $14,790,000. KFG Wealth Management LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $14,676,000. Finally, Signal Advisors Wealth LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF in the third quarter valued at approximately $14,062,000.

Freedom 100 Emerging Markets ETF Trading Up 0.7%

Shares of BATS FRDM opened at $63.64 on Friday. Freedom 100 Emerging Markets ETF has a 12 month low of $45.41 and a 12 month high of $76.90. The stock has a 50 day moving average of $69.01 and a 200-day moving average of $67.86. The company has a market capitalization 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 issued a dividend of $0.2934 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.17 annualized dividend and a yield of 1.8%. This is a negative change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302.

Freedom 100 Emerging Markets ETF Company 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.