Freedom 100 Emerging Markets ETF $FRDM Shares Purchased by Members Advisory Group LLC

Members Advisory Group LLC boosted its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 293.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,601 shares of the company’s stock after buying an additional 116,776 shares during the period. Freedom 100 Emerging Markets ETF makes up about 3.2% of Members Advisory Group LLC’s holdings, making the stock its 15th biggest position. Members Advisory Group LLC owned approximately 0.53% of Freedom 100 Emerging Markets ETF worth $11,417,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FRDM. Angeles Wealth Management LLC lifted its stake in shares of Freedom 100 Emerging Markets ETF by 52.0% in the 2nd quarter. Angeles Wealth Management LLC now owns 44,475 shares of the company’s stock worth $3,257,000 after acquiring an additional 15,218 shares during the period. SeedSafe Financial LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF during the second quarter worth about $3,770,000. Valued Retirements Inc. purchased a new position in Freedom 100 Emerging Markets ETF during the second quarter worth about $413,000. Lord & Richards Wealth Management LLC lifted its position 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 during the period. Finally, Piedmont Capital Management LLC lifted its position in Freedom 100 Emerging Markets ETF by 4.2% in the second quarter. Piedmont Capital Management LLC now owns 75,263 shares of the company’s stock valued at $5,255,000 after purchasing an additional 3,065 shares during the period.

Freedom 100 Emerging Markets ETF Trading Up 2.2%

Shares of FRDM opened at $71.16 on Friday. The stock’s 50 day moving average is $67.61 and its two-hundred day moving average is $64.99. Freedom 100 Emerging Markets ETF has a twelve month low of $42.34 and a twelve month high of $76.90. The firm has a market capitalization of $2.10 billion, a PE ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 29th were paid a $0.3302 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. The ex-dividend date 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.