Members Advisory Group LLC Increases Position in Freedom 100 Emerging Markets ETF $FRDM

Members Advisory Group LLC lifted its stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 293.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 156,601 shares of the company’s stock after purchasing an additional 116,776 shares during the period. Freedom 100 Emerging Markets ETF makes up 3.2% of Members Advisory Group LLC’s investment portfolio, making the stock its 15th largest holding. Members Advisory Group LLC’s holdings in Freedom 100 Emerging Markets ETF were worth $11,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in FRDM. Strive Financial Group LLC purchased a new position in Freedom 100 Emerging Markets ETF in the fourth quarter valued at about $28,000. Clarity Asset Management Inc. purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the 4th quarter worth approximately $36,000. Abound Wealth Management purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the 2nd quarter worth approximately $36,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after acquiring an additional 483 shares during the period. Finally, Assetmark Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 231.3% in the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after acquiring an additional 502 shares during the period.

Freedom 100 Emerging Markets ETF Price Performance

BATS FRDM opened at $71.16 on Friday. Freedom 100 Emerging Markets ETF has a 1-year low of $42.34 and a 1-year high of $76.90. The company has a market capitalization of $2.10 billion, a P/E ratio of 12.68 and a beta of 0.94. The business has a 50 day moving average price of $67.61 and a 200 day moving average price of $64.99.

Freedom 100 Emerging Markets ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 29th were issued a $0.3302 dividend. This represents a $1.32 annualized dividend and a yield of 1.9%. This is a positive change from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend 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.