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

NewEdge Advisors LLC reduced its holdings in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 51.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 537,367 shares of the company’s stock after selling 564,849 shares during the period. NewEdge Advisors LLC owned about 3.68% of Cambria Emerging Shareholder Yield ETF worth $24,402,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cambria Emerging Shareholder Yield ETF by 1,108.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,403,037 shares of the company’s stock valued at $136,913,000 after purchasing an additional 3,121,323 shares in the last quarter. ALM First Financial Advisors LLC raised its position in Cambria Emerging Shareholder Yield ETF by 150.1% in the 2nd quarter. ALM First Financial Advisors LLC now owns 983,500 shares of the company’s stock worth $44,661,000 after purchasing an additional 590,251 shares during the period. Sepio Capital LP purchased a new position in Cambria Emerging Shareholder Yield ETF in the 4th quarter worth $14,315,000. Bank of America Corp DE lifted its stake in Cambria Emerging Shareholder Yield ETF by 106.9% in the third quarter. Bank of America Corp DE now owns 425,492 shares of the company’s stock worth $15,828,000 after purchasing an additional 219,866 shares during the last quarter. Finally, Sound Portfolio Advisors LLC bought a new stake in Cambria Emerging Shareholder Yield ETF in the fourth quarter worth $5,427,000.

Cambria Emerging Shareholder Yield ETF Stock Down 1.2%

BATS EYLD opened at $49.38 on Friday. The company has a 50-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 cap of $720.95 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 announced a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Thursday, June 18th were paid a $0.3444 dividend. This is a boost from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.8%.

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.