Avantax Advisory Services Inc. Lowers Stock Holdings in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Avantax Advisory Services Inc. reduced its stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 4.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,687 shares of the company’s stock after selling 327 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Cambria Emerging Shareholder Yield ETF were worth $244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of EYLD. Raymond James Financial Inc. purchased a new position in shares of Cambria Emerging Shareholder Yield ETF in the 4th quarter valued at approximately $18,258,000. Townsquare Capital LLC grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 24.7% in the 4th quarter. Townsquare Capital LLC now owns 148,126 shares of the company’s stock valued at $4,638,000 after purchasing an additional 29,367 shares during the last quarter. Savvy Advisors Inc. grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 3.4% in the 4th quarter. Savvy Advisors Inc. now owns 33,493 shares of the company’s stock valued at $1,049,000 after purchasing an additional 1,100 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 1.4% in the 4th quarter. NewEdge Advisors LLC now owns 720,272 shares of the company’s stock valued at $22,552,000 after purchasing an additional 10,037 shares during the last quarter. Finally, Optivise Advisory Services LLC grew its stake in shares of Cambria Emerging Shareholder Yield ETF by 4.9% in the 4th quarter. Optivise Advisory Services LLC now owns 16,862 shares of the company’s stock valued at $528,000 after purchasing an additional 781 shares during the last quarter.

Cambria Emerging Shareholder Yield ETF Price Performance

EYLD opened at $37.37 on Friday. The business has a 50 day simple moving average of $36.14 and a 200-day simple moving average of $33.44. The stock has a market capitalization of $545.53 million, a P/E ratio of 9.92 and a beta of 0.69. Cambria Emerging Shareholder Yield ETF has a 12 month low of $27.30 and a 12 month high of $37.50.

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.