Freedom 100 Emerging Markets ETF $FRDM Shares Newly Bought by Smallwood Wealth Investment Management LLC

Smallwood Wealth Investment Management LLC bought a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 106,815 shares of the company’s stock, valued at approximately $7,473,000. Freedom 100 Emerging Markets ETF makes up 3.2% of Smallwood Wealth Investment Management LLC’s holdings, making the stock its 6th biggest holding. Smallwood Wealth Investment Management LLC owned 0.36% of Freedom 100 Emerging Markets ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC lifted its position in shares of Freedom 100 Emerging Markets ETF by 1.6% in the 3rd quarter. Retirement Planning Group LLC now owns 2,685,929 shares of the company’s stock worth $187,908,000 after acquiring an additional 41,811 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 53.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 725,104 shares of the company’s stock worth $49,446,000 after purchasing an additional 253,060 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 18.6% during the first quarter. Kestra Advisory Services LLC now owns 442,531 shares of the company’s stock valued at $24,184,000 after purchasing an additional 69,312 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 6.3% during the second quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock valued at $25,058,000 after purchasing an additional 20,332 shares during the period. Finally, Beaumont Financial Advisors LLC increased its position in shares of Freedom 100 Emerging Markets ETF by 13.8% during the first quarter. Beaumont Financial Advisors LLC now owns 313,143 shares of the company’s stock valued at $17,113,000 after purchasing an additional 37,874 shares during the period.

Freedom 100 Emerging Markets ETF Trading Up 0.6%

Shares of BATS FRDM opened at $62.16 on Thursday. The business has a fifty day simple moving average of $68.17 and a 200 day simple moving average of $64.94. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a one year low of $45.41 and a one 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. Shareholders of record on Monday, September 28th were paid a dividend of $0.2934 per share. This is a decrease 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 1.9%. The ex-dividend date was Monday, September 28th.

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.