SeedSafe Financial LLC Takes $3.77 Million Position in Freedom 100 Emerging Markets ETF $FRDM

SeedSafe Financial LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 51,754 shares of the company’s stock, valued at approximately $3,770,000. Freedom 100 Emerging Markets ETF accounts for 2.7% of SeedSafe Financial LLC’s holdings, making the stock its 16th biggest holding. SeedSafe Financial LLC owned 0.18% of Freedom 100 Emerging Markets ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Strive Financial Group LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Clarity Asset Management Inc. acquired a new stake in Freedom 100 Emerging Markets ETF during the 4th quarter worth approximately $36,000. Abound Wealth Management bought a new position in Freedom 100 Emerging Markets ETF in the second quarter valued at approximately $36,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock valued at $37,000 after buying an additional 483 shares during the period. Finally, Assetmark Inc. increased its position in shares of Freedom 100 Emerging Markets ETF by 231.3% during the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after acquiring an additional 502 shares in the last quarter.

Freedom 100 Emerging Markets ETF Trading Up 2.2%

FRDM opened at $71.16 on Friday. The stock has a market capitalization of $2.10 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 12 month low of $42.34 and a 12 month high of $76.90. The firm’s fifty day simple moving average is $67.61 and its 200 day simple moving average is $64.99.

Freedom 100 Emerging Markets ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a dividend of $0.3302 per share. This is an increase from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. This represents a $1.32 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, June 29th.

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.