Freedom 100 Emerging Markets ETF $FRDM Stock Holdings Lifted by Piedmont Capital Management LLC NC

Piedmont Capital Management LLC NC grew its position in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 235.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,881 shares of the company’s stock after acquiring an additional 11,150 shares during the period. Freedom 100 Emerging Markets ETF accounts for 0.7% of Piedmont Capital Management LLC NC’s portfolio, making the stock its 24th largest holding. Piedmont Capital Management LLC NC’s holdings in Freedom 100 Emerging Markets ETF were worth $1,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. XY Planning Network Inc. boosted its holdings in shares of Freedom 100 Emerging Markets ETF by 1.8% in the 2nd quarter. XY Planning Network Inc. now owns 9,441 shares of the company’s stock worth $688,000 after acquiring an additional 168 shares in the last quarter. Lord & Richards Wealth Management LLC increased its holdings 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 purchasing an additional 311 shares in the last quarter. Western Wealth Management LLC increased its holdings in Freedom 100 Emerging Markets ETF by 3.7% during the 1st 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 stake in Freedom 100 Emerging Markets ETF during the 3rd quarter valued at $28,000. Finally, Capital Analysts LLC acquired a new stake in Freedom 100 Emerging Markets ETF during the 2nd quarter valued at $32,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM opened at $65.61 on Thursday. The stock has a fifty day moving average price of $69.21 and a two-hundred day moving average price of $67.84. Freedom 100 Emerging Markets ETF has a 52-week low of $45.41 and a 52-week high of $76.90. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders 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 drop 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%.

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.