Sound Portfolio Advisors LLC Purchases New Stake in Cambria Emerging Shareholder Yield ETF $EYLD

Sound Portfolio Advisors LLC purchased a new stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 141,574 shares of the company’s stock, valued at approximately $5,427,000. Cambria Emerging Shareholder Yield ETF comprises about 4.6% of Sound Portfolio Advisors LLC’s investment portfolio, making the stock its 8th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EYLD. Advisory Services Network LLC acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the third quarter valued at approximately $26,000. EQ Wealth Advisors LLC acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at approximately $49,000. Allworth Financial LP increased its holdings in shares of Cambria Emerging Shareholder Yield ETF by 270.9% in the third quarter. Allworth Financial LP now owns 1,632 shares of the company’s stock valued at $61,000 after purchasing an additional 1,192 shares during the last quarter. Optima Capital LLC acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at approximately $65,000. Finally, Creative Planning acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the third quarter valued at approximately $217,000.

Cambria Emerging Shareholder Yield ETF Stock Performance

Shares of Cambria Emerging Shareholder Yield ETF stock opened at $44.57 on Friday. The firm has a market capitalization of $650.72 million, a price-to-earnings ratio of 9.92 and a beta of 0.69. Cambria Emerging Shareholder Yield ETF has a fifty-two week low of $33.19 and a fifty-two week high of $46.79. The stock has a 50 day moving average of $43.31 and a 200 day moving average of $41.31.

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.