Freedom 100 Emerging Markets ETF $FRDM Stock: Piedmont Capital Management LLC NC Boosts Stake

Piedmont Capital Management LLC NC increased its stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) by 235.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,881 shares of the company’s stock after buying an additional 11,150 shares during the quarter. Freedom 100 Emerging Markets ETF accounts for about 0.7% of Piedmont Capital Management LLC NC’s investment portfolio, making the stock its 24th largest position. Piedmont Capital Management LLC NC owned 0.05% of Freedom 100 Emerging Markets ETF worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. XY Planning Network Inc. grew its position 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 valued at $688,000 after acquiring an additional 168 shares during the period. Lord & Richards Wealth Management LLC raised its stake in Freedom 100 Emerging Markets ETF by 0.9% during the second quarter. Lord & Richards Wealth Management LLC now owns 35,078 shares of the company’s stock worth $2,557,000 after acquiring an additional 311 shares in the last quarter. Western Wealth Management LLC lifted its holdings in shares of 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 acquiring an additional 370 shares during the period. CoreCap Advisors LLC bought a new position in shares of Freedom 100 Emerging Markets ETF during the third quarter valued at $28,000. Finally, Capital Analysts LLC bought a new position in shares of Freedom 100 Emerging Markets ETF during the second quarter valued at $32,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of BATS:FRDM opened at $65.61 on Thursday. Freedom 100 Emerging Markets ETF has a 52 week low of $45.41 and a 52 week high of $76.90. The company’s fifty day moving average is $69.21 and its 200-day moving average is $67.84. The company has a market capitalization of $1.94 billion, a PE ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.2934 per share. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302. The ex-dividend date was Monday, September 28th. This represents a $1.17 dividend on an annualized basis 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.