NewEdge Advisors LLC Purchases 241,048 Shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

NewEdge Advisors LLC increased its position in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 62.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 625,929 shares of the company’s stock after acquiring an additional 241,048 shares during the quarter. NewEdge Advisors LLC owned about 6.05% of Cambria Emerging Shareholder Yield ETF worth $21,538,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Smith Anglin Financial LLC lifted its position in Cambria Emerging Shareholder Yield ETF by 1.9% during the second quarter. Smith Anglin Financial LLC now owns 1,290,477 shares of the company’s stock valued at $44,405,000 after purchasing an additional 24,608 shares during the last quarter. Foster & Motley Inc. lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 5.4% in the 2nd quarter. Foster & Motley Inc. now owns 791,049 shares of the company’s stock worth $27,220,000 after acquiring an additional 40,235 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 5.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 565,796 shares of the company’s stock worth $19,469,000 after acquiring an additional 29,536 shares during the last quarter. TriaGen Wealth Management LLC lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 2.9% in the 2nd quarter. TriaGen Wealth Management LLC now owns 247,393 shares of the company’s stock worth $8,513,000 after acquiring an additional 6,942 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 308.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 184,614 shares of the company’s stock worth $6,353,000 after acquiring an additional 139,461 shares during the last quarter.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of EYLD opened at $35.38 on Monday. The firm has a market cap of $366.18 million, a price-to-earnings ratio of 7.28 and a beta of 0.71. Cambria Emerging Shareholder Yield ETF has a fifty-two week low of $28.64 and a fifty-two week high of $38.42. The firm has a 50 day moving average price of $33.67 and a 200-day moving average price of $34.28.

Cambria Emerging Shareholder Yield ETF 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.