NewEdge Advisors LLC Reduces Stake in Cambria Emerging Shareholder Yield ETF $EYLD

NewEdge Advisors LLC reduced its holdings in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 51.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 537,367 shares of the company’s stock after selling 564,849 shares during the quarter. NewEdge Advisors LLC’s holdings in Cambria Emerging Shareholder Yield ETF were worth $24,402,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Cambria Emerging Shareholder Yield ETF by 1,108.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,403,037 shares of the company’s stock valued at $136,913,000 after acquiring an additional 3,121,323 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Cambria Emerging Shareholder Yield ETF by 7.2% in the fourth quarter. HighTower Advisors LLC now owns 1,251,256 shares of the company’s stock valued at $47,961,000 after acquiring an additional 83,675 shares in the last quarter. ALM First Financial Advisors LLC boosted its holdings in Cambria Emerging Shareholder Yield ETF by 150.1% in the second quarter. ALM First Financial Advisors LLC now owns 983,500 shares of the company’s stock valued at $44,661,000 after acquiring an additional 590,251 shares in the last quarter. Bank of America Corp DE increased its position in Cambria Emerging Shareholder Yield ETF by 25.6% during the 1st quarter. Bank of America Corp DE now owns 661,576 shares of the company’s stock valued at $27,396,000 after purchasing an additional 134,655 shares during the period. Finally, Raymond James Financial Inc. increased its position in Cambria Emerging Shareholder Yield ETF by 1.1% during the 3rd quarter. Raymond James Financial Inc. now owns 640,973 shares of the company’s stock valued at $23,844,000 after purchasing an additional 7,226 shares during the period.

Cambria Emerging Shareholder Yield ETF Trading Down 1.2%

Shares of BATS EYLD opened at $49.38 on Friday. The firm has a fifty day simple moving average of $47.16 and a two-hundred day simple moving average of $45.44. Cambria Emerging Shareholder Yield ETF has a 12 month low of $35.89 and a 12 month high of $50.26. The firm has a market capitalization of $720.95 million, a PE ratio of 9.92 and a beta of 0.69.

Cambria Emerging Shareholder Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were given a dividend of $0.3444 per share. This is an increase from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.24. This represents a $1.38 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, June 18th.

Cambria Emerging Shareholder Yield ETF Company Profile

The Cambria Emerging Shareholder Yield ETF (EYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in emerging market stocks focused on shareholder yield, as measured by dividend payments and net share buybacks. EYLD was launched on Jul 14, 2016 and is managed by Cambria.