Trademark Financial Management LLC Purchases New Shares in Freedom 100 Emerging Markets ETF $FRDM

Trademark Financial Management LLC acquired a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 104,931 shares of the company’s stock, valued at approximately $7,341,000. Freedom 100 Emerging Markets ETF comprises about 3.0% of Trademark Financial Management LLC’s portfolio, making the stock its 11th largest position. Trademark Financial Management LLC owned 0.36% of Freedom 100 Emerging Markets ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. CoreCap Advisors LLC purchased a new stake in Freedom 100 Emerging Markets ETF in the third quarter valued at $28,000. Capital Analysts LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 2nd quarter worth $32,000. Root Financial Partners LLC purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter worth $35,000. Abound Wealth Management purchased a new position in shares of Freedom 100 Emerging Markets ETF during the 2nd quarter worth $36,000. Finally, Assetmark Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 231.3% during the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after purchasing an additional 502 shares during the period.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $63.64 on Monday. The business has a 50-day moving average price of $69.01 and a 200 day moving average price of $67.95. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12-month low of $45.41 and a 12-month high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

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

About Freedom 100 Emerging Markets ETF

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.