Lakeside Advisors INC. Buys New Position in Freedom 100 Emerging Markets ETF $FRDM

Lakeside Advisors INC. bought a new stake in Freedom 100 Emerging Markets ETF (BATS:FRDM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 12,479 shares of the company’s stock, valued at approximately $873,000.

Other institutional investors have also modified their holdings of the company. CoreCap Advisors LLC purchased a new stake in shares of Freedom 100 Emerging Markets ETF during the third quarter worth approximately $28,000. Capital Analysts LLC acquired a new stake in shares of Freedom 100 Emerging Markets ETF during the second quarter worth $32,000. Abound Wealth Management purchased a new position in Freedom 100 Emerging Markets ETF in the 2nd quarter valued at $36,000. Assetmark Inc. grew its position in Freedom 100 Emerging Markets ETF by 231.3% in the 1st quarter. Assetmark Inc. now owns 719 shares of the company’s stock valued at $39,000 after buying an additional 502 shares during the last quarter. Finally, Investors Research Corp purchased a new position in Freedom 100 Emerging Markets ETF in the 3rd quarter valued at $78,000.

Freedom 100 Emerging Markets ETF Stock Performance

Shares of FRDM opened at $64.55 on Tuesday. The stock has a market capitalization of $1.90 billion, a P/E ratio of 12.68 and a beta of 0.94. The company’s fifty day moving average is $69.30 and its two-hundred day moving average is $67.70. Freedom 100 Emerging Markets ETF has a 1 year low of $45.41 and a 1 year high of $76.90.

Freedom 100 Emerging Markets ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a $0.2934 dividend. This is a drop 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 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.