Savvy Advisors Inc. Lowers Stock Holdings in Cambria Emerging Shareholder Yield ETF $EYLD

Savvy Advisors Inc. cut its holdings in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 3.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,168 shares of the company’s stock after selling 1,154 shares during the quarter. Savvy Advisors Inc.’s holdings in Cambria Emerging Shareholder Yield ETF were worth $1,162,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in Cambria Emerging Shareholder Yield ETF by 5.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 50,398 shares of the company’s stock valued at $1,820,000 after buying an additional 2,648 shares during the period. Foster & Motley Inc. lifted its holdings in shares of Cambria Emerging Shareholder Yield ETF by 1.1% during the 2nd quarter. Foster & Motley Inc. now owns 1,078,918 shares of the company’s stock worth $38,971,000 after acquiring an additional 11,453 shares during the period. Mutual Advisors LLC acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the second quarter worth approximately $210,000. GW Henssler & Associates Ltd. grew its holdings in Cambria Emerging Shareholder Yield ETF by 7.7% in the second quarter. GW Henssler & Associates Ltd. now owns 26,693 shares of the company’s stock valued at $964,000 after purchasing an additional 1,915 shares during the period. Finally, Ignite Planners LLC grew its holdings in Cambria Emerging Shareholder Yield ETF by 0.9% in the second quarter. Ignite Planners LLC now owns 119,245 shares of the company’s stock valued at $4,352,000 after purchasing an additional 1,065 shares during the period.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of EYLD stock opened at $38.33 on Friday. The firm has a market capitalization of $559.62 million, a price-to-earnings ratio of 9.92 and a beta of 0.69. Cambria Emerging Shareholder Yield ETF has a one year low of $27.30 and a one year high of $37.50. The company has a 50 day moving average price of $37.63 and a 200 day moving average price of $35.90.

Cambria Emerging Shareholder Yield ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Thursday, September 18th were given a dividend of $0.6768 per share. This represents a $2.71 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend was Thursday, September 18th.

Cambria Emerging Shareholder Yield ETF Company 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.