Raymond James Financial Inc. Buys New Position in Cambria Foreign Shareholder Yield ETF (BATS:FYLD)

Raymond James Financial Inc. purchased a new position in shares of Cambria Foreign Shareholder Yield ETF (BATS:FYLD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 441,382 shares of the company’s stock, valued at approximately $11,127,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FYLD. Exchange Traded Concepts LLC acquired a new position in shares of Cambria Foreign Shareholder Yield ETF during the fourth quarter valued at approximately $4,042,000. Smith Anglin Financial LLC lifted its position in Cambria Foreign Shareholder Yield ETF by 5.5% in the fourth quarter. Smith Anglin Financial LLC now owns 2,307,924 shares of the company’s stock worth $58,183,000 after purchasing an additional 120,731 shares during the period. Oregon Pacific Wealth Management LLC bought a new position in Cambria Foreign Shareholder Yield ETF during the 4th quarter valued at $1,651,000. ALM First Financial Advisors LLC increased its position in shares of Cambria Foreign Shareholder Yield ETF by 13.2% during the 4th quarter. ALM First Financial Advisors LLC now owns 447,938 shares of the company’s stock valued at $11,293,000 after purchasing an additional 52,206 shares during the period. Finally, Longview Financial Advisors Inc. increased its position in shares of Cambria Foreign Shareholder Yield ETF by 12.7% during the 4th quarter. Longview Financial Advisors Inc. now owns 346,789 shares of the company’s stock valued at $8,743,000 after purchasing an additional 39,115 shares during the period.

Cambria Foreign Shareholder Yield ETF Stock Up 9.9 %

Shares of Cambria Foreign Shareholder Yield ETF stock opened at $27.45 on Friday. The business has a fifty day simple moving average of $26.15 and a 200-day simple moving average of $26.34. Cambria Foreign Shareholder Yield ETF has a fifty-two week low of $24.00 and a fifty-two week high of $28.30. The firm has a market cap of $328.03 million, a price-to-earnings ratio of 9.22 and a beta of 0.91.

About Cambria Foreign Shareholder Yield ETF

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.