Western Wealth Management LLC Takes $1.73 Million Position in Cambria Foreign Shareholder Yield ETF $FYLD

Western Wealth Management LLC acquired a new position in shares of Cambria Foreign Shareholder Yield ETF (BATS:FYLD) in the first quarter, Holdings Channel reports. The institutional investor acquired 46,344 shares of the company’s stock, valued at approximately $1,730,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in Cambria Foreign Shareholder Yield ETF in the third quarter valued at approximately $31,000. Kestra Advisory Services LLC bought a new stake in Cambria Foreign Shareholder Yield ETF in the fourth quarter worth approximately $56,000. Allworth Financial LP lifted its position in shares of Cambria Foreign Shareholder Yield ETF by 47.7% during the 4th quarter. Allworth Financial LP now owns 2,674 shares of the company’s stock valued at $87,000 after acquiring an additional 864 shares during the period. Waverly Advisors LLC acquired a new stake in shares of Cambria Foreign Shareholder Yield ETF in the 1st quarter valued at about $92,000. Finally, IFG Advisory LLC bought a new stake in shares of Cambria Foreign Shareholder Yield ETF during the fourth quarter valued at approximately $202,000.

Cambria Foreign Shareholder Yield ETF Stock Performance

Shares of BATS FYLD opened at $39.31 on Friday. The stock has a market cap of $532.65 million, a price-to-earnings ratio of 10.06 and a beta of 0.77. The firm’s 50-day simple moving average is $37.91 and its 200 day simple moving average is $37.30. Cambria Foreign Shareholder Yield ETF has a fifty-two week low of $29.36 and a fifty-two week high of $39.64.

Cambria Foreign Shareholder Yield ETF Profile

The Cambria Foreign Shareholder Yield ETF (FYLD) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in Developed Ex-US stocks with focus on shareholder yield, as measured by dividend payments and net share buybacks. FYLD was launched on Dec 3, 2013 and is managed by Cambria.