51,167 Cambria Emerging Shareholder Yield ETF $EYLD Shares Sold by Professional Financial Management Inc.

Professional Financial Management Inc. lessened its holdings in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 34.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,353 shares of the company’s stock after selling 51,167 shares during the quarter. Cambria Emerging Shareholder Yield ETF comprises approximately 4.8% of Professional Financial Management Inc.’s portfolio, making the stock its 8th biggest holding. Professional Financial Management Inc. owned 0.67% of Cambria Emerging Shareholder Yield ETF worth $4,682,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Sepio Capital LP raised its position in shares of Cambria Emerging Shareholder Yield ETF by 20.6% in the third quarter. Sepio Capital LP now owns 587,434 shares of the company’s stock valued at $27,962,000 after purchasing an additional 100,493 shares during the period. Fifth Third Securities Inc. purchased a new position in Cambria Emerging Shareholder Yield ETF in the 3rd quarter valued at approximately $2,549,000. LexAurum Advisors LLC grew its stake in Cambria Emerging Shareholder Yield ETF by 2.4% in the 3rd quarter. LexAurum Advisors LLC now owns 68,620 shares of the company’s stock valued at $3,266,000 after buying an additional 1,634 shares in the last quarter. Absolute Capital Management LLC purchased a new position in Cambria Emerging Shareholder Yield ETF in the 3rd quarter valued at approximately $209,000. Finally, Mather Group LLC. purchased a new position in Cambria Emerging Shareholder Yield ETF in the 3rd quarter valued at approximately $1,423,000.

Cambria Emerging Shareholder Yield ETF Price Performance

Shares of EYLD stock opened at $46.81 on Friday. The company’s fifty day simple moving average is $48.45 and its two-hundred day simple moving average is $46.72. Cambria Emerging Shareholder Yield ETF has a 1 year low of $37.29 and a 1 year high of $50.26. The stock has a market capitalization of $683.43 million, a price-to-earnings 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, September 21st. Stockholders of record on Friday, September 18th were given a $0.4968 dividend. This represents a $1.99 annualized dividend and a dividend yield of 4.2%. This is a boost from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.3444. The ex-dividend date was Friday, September 18th.

About Cambria Emerging Shareholder Yield ETF

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.