SeedSafe Financial LLC Invests $3.77 Million in Freedom 100 Emerging Markets ETF $FRDM

SeedSafe Financial LLC acquired a new position in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 51,754 shares of the company’s stock, valued at approximately $3,770,000. Freedom 100 Emerging Markets ETF comprises approximately 2.7% of SeedSafe Financial LLC’s portfolio, making the stock its 16th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abound Wealth Management acquired a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter worth about $36,000. Strive Financial Group LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter valued at about $28,000. Clarity Asset Management Inc. bought a new stake in shares of Freedom 100 Emerging Markets ETF during the fourth quarter worth about $36,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Freedom 100 Emerging Markets ETF by 207.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 716 shares of the company’s stock worth $37,000 after purchasing an additional 483 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Freedom 100 Emerging Markets ETF by 231.3% during the first quarter. Assetmark Inc. now owns 719 shares of the company’s stock worth $39,000 after purchasing an additional 502 shares during the last quarter.

Freedom 100 Emerging Markets ETF Price Performance

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

Freedom 100 Emerging Markets ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were issued a dividend of $0.3302 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.9%. This is a boost from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, June 29th.

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.