Freedom 100 Emerging Markets ETF $FRDM Stock Holdings Reduced by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC lessened its holdings in Freedom 100 Emerging Markets ETF (BATS:FRDM) by 52.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 129,717 shares of the company’s stock after selling 142,798 shares during the quarter. Freedom 100 Emerging Markets ETF accounts for 1.6% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 13th biggest position. Commonwealth Financial Services LLC owned 0.44% of Freedom 100 Emerging Markets ETF worth $9,075,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. KFG Wealth Management LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF in the 1st quarter worth about $10,299,000. Angeles Wealth Management LLC grew its stake in Freedom 100 Emerging Markets ETF by 52.0% in the second quarter. Angeles Wealth Management LLC now owns 44,475 shares of the company’s stock worth $3,257,000 after purchasing an additional 15,218 shares during the period. Stillwater Private Wealth LLC bought a new position in Freedom 100 Emerging Markets ETF in the first quarter worth $1,081,000. VectorGlobal IAG Inc. bought a new position in shares of Freedom 100 Emerging Markets ETF in the 1st quarter worth about $1,898,000. Finally, Integrated Wealth Concepts LLC increased its stake in shares of Freedom 100 Emerging Markets ETF by 6.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock worth $25,058,000 after acquiring an additional 20,332 shares in the last quarter.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of Freedom 100 Emerging Markets ETF stock traded up $0.28 during midday trading on Tuesday, hitting $64.83. The company had a trading volume of 83,042 shares, compared to its average volume of 394,779. 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 50 day moving average of $69.30 and a 200 day moving average of $67.70. The stock has a market capitalization of $1.91 billion, a P/E ratio of 12.68 and a beta of 0.94.

Freedom 100 Emerging Markets ETF Cuts Dividend

The business also recently disclosed 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 of this dividend was Monday, September 28th. This is a negative change 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%.

Freedom 100 Emerging Markets ETF Company 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.