Savvy Advisors Inc. Sells 5,137 Shares of Cambria Foreign Shareholder Yield ETF $FYLD

Savvy Advisors Inc. reduced its stake in shares of Cambria Foreign Shareholder Yield ETF (BATS:FYLD) by 5.3% during the second quarter, Holdings Channel reports. The firm owned 91,786 shares of the company’s stock after selling 5,137 shares during the quarter. Savvy Advisors Inc.’s holdings in Cambria Foreign Shareholder Yield ETF were worth $2,684,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new position in Cambria Foreign Shareholder Yield ETF during the 1st quarter valued at $267,000. DAVENPORT & Co LLC purchased a new position in Cambria Foreign Shareholder Yield ETF during the 1st quarter valued at $280,000. World Investment Advisors purchased a new position in Cambria Foreign Shareholder Yield ETF during the 1st quarter valued at $296,000. Compound Planning Inc. purchased a new position in Cambria Foreign Shareholder Yield ETF during the 1st quarter valued at $473,000. Finally, Fifth Third Securities Inc. purchased a new position in Cambria Foreign Shareholder Yield ETF during the 2nd quarter valued at $489,000.

Cambria Foreign Shareholder Yield ETF Trading Up 0.3%

Shares of Cambria Foreign Shareholder Yield ETF stock opened at $31.35 on Thursday. The company’s fifty day simple moving average is $31.19 and its two-hundred day simple moving average is $29.60. The company has a market cap of $424.79 million, a P/E ratio of 10.06 and a beta of 0.77. Cambria Foreign Shareholder Yield ETF has a 12-month low of $23.17 and a 12-month high of $30.59.

Cambria Foreign Shareholder Yield ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Thursday, September 18th were given a $0.4027 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 5.1%.

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.