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

Yardley Wealth Management LLC lifted its holdings in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 5.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 256,887 shares of the company’s stock after buying 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 owned approximately 0.87% of Freedom 100 Emerging Markets ETF worth $17,972,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of FRDM. XY Planning Network Inc. increased its position 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 acquiring an additional 168 shares during the last quarter. Lord & Richards Wealth Management LLC grew its stake in Freedom 100 Emerging Markets ETF by 0.9% in the second quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock valued at $2,557,000 after purchasing an additional 311 shares in the last quarter. Western Wealth Management LLC grew its stake in Freedom 100 Emerging Markets ETF by 3.7% in the first quarter. Western Wealth Management LLC now owns 10,325 shares of the company’s stock valued at $564,000 after purchasing an additional 370 shares in the last quarter. CoreCap Advisors LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the 3rd quarter worth approximately $28,000. Finally, Capital Analysts LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the 2nd quarter worth approximately $32,000.

Freedom 100 Emerging Markets ETF Stock Up 0.7%

BATS:FRDM opened at $63.64 on Friday. Freedom 100 Emerging Markets ETF has a twelve month low of $45.41 and a twelve month high of $76.90. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. The stock’s 50 day moving average price is $69.01 and its two-hundred day moving average price is $67.86.

Freedom 100 Emerging Markets ETF Cuts Dividend

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

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.