Cambria Foreign Shareholder Yield ETF (BATS:FYLD) Raises Dividend to $0.43 Per Share

Cambria Foreign Shareholder Yield ETF (BATS:FYLD) announced a quarterly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.4296 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 6.7% increase from Cambria Foreign Shareholder Yield ETF’s previous quarterly dividend of $0.40.

Cambria Foreign Shareholder Yield ETF Trading Down 1.1%

FYLD opened at $32.07 on Thursday. The firm has a market capitalization of $434.51 million, a PE ratio of 10.06 and a beta of 0.77. Cambria Foreign Shareholder Yield ETF has a twelve month low of $23.17 and a twelve month high of $30.59. The firm’s 50-day moving average price is $31.62 and its 200 day moving average price is $30.73.

Institutional Investors Weigh In On Cambria Foreign Shareholder Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Cambria Foreign Shareholder Yield ETF in the third quarter worth approximately $31,000. Allworth Financial LP acquired a new stake in shares of Cambria Foreign Shareholder Yield ETF in the 3rd quarter valued at $56,000. IFG Advisory LLC purchased a new stake in shares of Cambria Foreign Shareholder Yield ETF during the 2nd quarter worth $200,000. Ellis Investment Partners LLC acquired a new position in shares of Cambria Foreign Shareholder Yield ETF during the third quarter worth $212,000. Finally, Cowa LLC purchased a new position in Cambria Foreign Shareholder Yield ETF in the second quarter valued at $220,000.

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.