MBL Wealth LLC Trims Stake in Cambria Emerging Shareholder Yield ETF $EYLD

MBL Wealth LLC lowered its stake in shares of Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 44.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,275 shares of the company’s stock after selling 9,797 shares during the quarter. MBL Wealth LLC owned about 0.08% of Cambria Emerging Shareholder Yield ETF worth $443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Independence Bank of Kentucky purchased a new stake in Cambria Emerging Shareholder Yield ETF in the second quarter worth about $33,000. EQ Wealth Advisors LLC purchased a new stake in Cambria Emerging Shareholder Yield ETF in the first quarter worth about $40,000. NBC Securities Inc. grew its holdings in Cambria Emerging Shareholder Yield ETF by 114,625.0% in the first quarter. NBC Securities Inc. now owns 4,589 shares of the company’s stock worth $145,000 after purchasing an additional 4,585 shares during the period. Focus Financial Network Inc. grew its holdings in Cambria Emerging Shareholder Yield ETF by 39.8% in the first quarter. Focus Financial Network Inc. now owns 9,135 shares of the company’s stock worth $290,000 after purchasing an additional 2,603 shares during the period. Finally, Foundations Investment Advisors LLC grew its holdings in Cambria Emerging Shareholder Yield ETF by 7.8% in the first quarter. Foundations Investment Advisors LLC now owns 10,368 shares of the company’s stock worth $329,000 after purchasing an additional 754 shares during the period.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of EYLD opened at $37.39 on Friday. The stock has a market cap of $545.89 million, a PE ratio of 9.92 and a beta of 0.69. Cambria Emerging Shareholder Yield ETF has a fifty-two week low of $27.30 and a fifty-two week high of $37.50. The firm’s 50-day simple moving average is $37.36 and its two-hundred day simple moving average is $34.95.

Cambria Emerging Shareholder Yield ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Thursday, September 18th were paid a $0.6768 dividend. This represents a $2.71 annualized dividend and a dividend yield of 7.2%. The ex-dividend date was Thursday, September 18th.

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.