DAVENPORT & Co LLC Acquires 1,743 Shares of Cambria Foreign Shareholder Yield ETF $FYLD

DAVENPORT & Co LLC lifted its holdings in Cambria Foreign Shareholder Yield ETF (BATS:FYLD) by 16.8% in the second quarter, HoldingsChannel reports. The fund owned 12,142 shares of the company’s stock after buying an additional 1,743 shares during the period. DAVENPORT & Co LLC’s holdings in Cambria Foreign Shareholder Yield ETF were worth $355,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers bought a new stake in shares of Cambria Foreign Shareholder Yield ETF in the 1st quarter worth approximately $267,000. World Investment Advisors purchased a new position in shares of Cambria Foreign Shareholder Yield ETF in the first quarter worth $296,000. Fifth Third Securities Inc. purchased a new position in shares of Cambria Foreign Shareholder Yield ETF in the second quarter worth $489,000. Compound Planning Inc. purchased a new position in shares of Cambria Foreign Shareholder Yield ETF in the first quarter worth $473,000. Finally, NewEdge Advisors LLC increased its stake in shares of Cambria Foreign Shareholder Yield ETF by 3.0% in the first quarter. NewEdge Advisors LLC now owns 33,147 shares of the company’s stock worth $893,000 after buying an additional 965 shares during the period.

Cambria Foreign Shareholder Yield ETF Stock Up 21.6%

Shares of BATS FYLD opened at $30.37 on Monday. Cambria Foreign Shareholder Yield ETF has a 52 week low of $23.17 and a 52 week high of $30.59. The firm’s fifty day moving average is $31.09 and its 200 day moving average is $29.09. The company has a market cap of $411.45 million, a price-to-earnings ratio of 10.06 and a beta of 0.77.

Cambria Foreign Shareholder Yield ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Thursday, September 18th were paid a $0.4027 dividend. This represents a $1.61 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Thursday, September 18th.

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.