Signal Advisors Wealth LLC Makes New $14.06 Million Investment in Freedom 100 Emerging Markets ETF $FRDM

Signal Advisors Wealth LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF (BATS:FRDM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 200,999 shares of the company’s stock, valued at approximately $14,062,000.

Several other institutional investors have also bought and sold shares of the stock. Retirement Planning Group LLC grew its position in Freedom 100 Emerging Markets ETF by 5.5% in the 1st quarter. Retirement Planning Group LLC now owns 2,549,629 shares of the company’s stock valued at $139,337,000 after buying an additional 133,481 shares in the last quarter. Envestnet Asset Management Inc. raised its position 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 buying an additional 253,060 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Freedom 100 Emerging Markets ETF by 6.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 343,724 shares of the company’s stock worth $25,058,000 after buying an additional 20,332 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of Freedom 100 Emerging Markets ETF by 18.6% during the 1st quarter. Kestra Advisory Services LLC now owns 442,531 shares of the company’s stock worth $24,184,000 after buying an additional 69,312 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Freedom 100 Emerging Markets ETF by 4.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 440,218 shares of the company’s stock worth $24,058,000 after acquiring an additional 19,205 shares during the period.

Freedom 100 Emerging Markets ETF Trading Down 1.2%

Shares of BATS:FRDM opened at $67.43 on Wednesday. The company has a 50 day moving average of $69.44 and a 200-day moving average of $67.38. The firm has a market cap of $1.99 billion, a P/E ratio of 12.68 and a beta of 0.94. Freedom 100 Emerging Markets ETF has a twelve month low of $44.10 and a twelve month high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company 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 represents a $1.17 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Monday, September 28th. This is a decrease from Freedom 100 Emerging Markets ETF’s previous quarterly dividend of $0.3302.

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.