Beaumont Financial Advisors LLC Purchases 296,627 Shares of Freedom 100 Emerging Markets ETF $FRDM

Beaumont Financial Advisors LLC acquired a new position in Freedom 100 Emerging Markets ETF (BATS:FRDM) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 296,627 shares of the company’s stock, valued at approximately $20,752,000. Freedom 100 Emerging Markets ETF makes up approximately 1.3% of Beaumont Financial Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FRDM. XY Planning Network Inc. grew its holdings in 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 worth $688,000 after purchasing an additional 168 shares during the period. Lord & Richards Wealth Management LLC increased its position in Freedom 100 Emerging Markets ETF by 0.9% during the 2nd quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock valued at $2,557,000 after buying an additional 311 shares in the last quarter. Western Wealth Management LLC raised its stake in Freedom 100 Emerging Markets ETF by 3.7% during the first 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 purchased a new position in Freedom 100 Emerging Markets ETF during the third quarter valued at $28,000. Finally, Capital Analysts LLC bought a new stake in Freedom 100 Emerging Markets ETF in the second quarter worth $32,000.

Freedom 100 Emerging Markets ETF Price Performance

Shares of BATS:FRDM opened at $63.64 on Friday. The business has a fifty day moving average price of $69.01 and a 200-day moving average price of $67.86. The company has a market capitalization of $1.88 billion, a PE ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a 1-year low of $45.41 and a 1-year high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

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

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.