Merriman Wealth Management LLC Acquires New Holdings in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Merriman Wealth Management LLC bought a new position in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 22,150 shares of the company’s stock, valued at approximately $762,000. Merriman Wealth Management LLC owned 0.21% of Cambria Emerging Shareholder Yield ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. ICA Group Wealth Management LLC acquired a new position in Cambria Emerging Shareholder Yield ETF in the fourth quarter valued at about $179,000. Raymond James Financial Services Advisors Inc. grew its position in shares of Cambria Emerging Shareholder Yield ETF by 5.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 565,796 shares of the company’s stock valued at $19,469,000 after purchasing an additional 29,536 shares during the period. Nations Financial Group Inc. IA ADV increased its stake in Cambria Emerging Shareholder Yield ETF by 9.2% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 38,822 shares of the company’s stock worth $1,217,000 after purchasing an additional 3,255 shares in the last quarter. Raymond James & Associates raised its holdings in Cambria Emerging Shareholder Yield ETF by 6.4% during the 2nd quarter. Raymond James & Associates now owns 151,426 shares of the company’s stock worth $5,211,000 after buying an additional 9,105 shares during the period. Finally, Rothschild Investment LLC bought a new position in Cambria Emerging Shareholder Yield ETF in the second quarter valued at approximately $3,284,000.

Cambria Emerging Shareholder Yield ETF Stock Down 0.5 %

Shares of EYLD stock opened at $33.62 on Friday. Cambria Emerging Shareholder Yield ETF has a 12-month low of $28.64 and a 12-month high of $38.42. The firm has a fifty day moving average of $33.65 and a 200-day moving average of $34.24. The company has a market capitalization of $347.97 million, a price-to-earnings ratio of 7.28 and a beta of 0.71.

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.