HighTower Advisors LLC Grows Stock Holdings in Cambria Emerging Shareholder Yield ETF $EYLD

HighTower Advisors LLC increased its stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 65.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,167,581 shares of the company’s stock after purchasing an additional 461,723 shares during the quarter. HighTower Advisors LLC owned 8.00% of Cambria Emerging Shareholder Yield ETF worth $43,434,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Mutual Advisors LLC bought a new position in shares of Cambria Emerging Shareholder Yield ETF during the 2nd quarter valued at $210,000. Envestnet Asset Management Inc. increased its position in Cambria Emerging Shareholder Yield ETF by 5.5% during the second quarter. Envestnet Asset Management Inc. now owns 50,398 shares of the company’s stock valued at $1,820,000 after acquiring an additional 2,648 shares during the last quarter. RPS Advisory Solutions LLC purchased a new stake in Cambria Emerging Shareholder Yield ETF during the second quarter valued at $1,854,000. Cetera Investment Advisers lifted its holdings in Cambria Emerging Shareholder Yield ETF by 4.0% in the second quarter. Cetera Investment Advisers now owns 314,272 shares of the company’s stock valued at $11,352,000 after acquiring an additional 12,171 shares during the period. Finally, United Advisor Group LLC boosted its position in Cambria Emerging Shareholder Yield ETF by 4.2% in the second quarter. United Advisor Group LLC now owns 83,103 shares of the company’s stock worth $3,002,000 after purchasing an additional 3,313 shares during the last quarter.

Cambria Emerging Shareholder Yield ETF Stock Up 0.2%

Cambria Emerging Shareholder Yield ETF stock opened at $43.58 on Wednesday. Cambria Emerging Shareholder Yield ETF has a 52-week low of $27.30 and a 52-week high of $44.26. The company has a market cap of $636.27 million, a P/E ratio of 9.92 and a beta of 0.69. The business has a 50-day simple moving average of $40.41 and a two-hundred day simple moving average of $38.76.

Cambria Emerging Shareholder Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were issued a dividend of $1.0435 per share. This is an increase from Cambria Emerging Shareholder Yield ETF’s previous quarterly dividend of $0.68. This represents a $4.17 dividend on an annualized basis and a yield of 9.6%. The ex-dividend date of this dividend was Thursday, December 18th.

About Cambria Emerging Shareholder Yield ETF

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.