iShares MSCI Frontier 100 ETF (NYSEARCA:FM) declared a semiannual dividend on Thursday, December 28th, Wall Street Journal reports. Investors of record on Friday, December 29th will be given a dividend of 0.0262 per share by the exchange traded fund on Thursday, January 4th. This represents a yield of 0.16%. The ex-dividend date of this dividend is Thursday, December 28th.
Shares of iShares MSCI Frontier 100 ETF (FM) traded up $0.14 during mid-day trading on Thursday, hitting $33.10. 97,988 shares of the stock were exchanged, compared to its average volume of 154,760. iShares MSCI Frontier 100 ETF has a 52 week low of $24.75 and a 52 week high of $33.59.
A hedge fund recently raised its stake in iShares MSCI Frontier 100 ETF stock. State Street Corp lifted its position in iShares MSCI Frontier 100 ETF (NYSEARCA:FM) by 17.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 64,858 shares of the exchange traded fund’s stock after purchasing an additional 9,858 shares during the quarter. State Street Corp’s holdings in iShares MSCI Frontier 100 ETF were worth $1,854,000 at the end of the most recent reporting period.
About iShares MSCI Frontier 100 ETF
The iShares MSCI Frontier 100 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the MSCI Frontier Markets 100 Index (the Underlying Index). The Fund will concentrate its investments (that is, hold 25% or more of its total assets) in a particular industry or group of industries, which may include large-, mid- or small-capitalization companies, to approximately the same extent that the Underlying Index is concentrated.
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