Townsquare Capital LLC Boosts Stock Holdings in Cambria Emerging Shareholder Yield ETF (BATS:EYLD)

Townsquare Capital LLC lifted its stake in Cambria Emerging Shareholder Yield ETF (BATS:EYLD) by 24.7% in the fourth quarter, HoldingsChannel reports. The firm owned 148,126 shares of the company’s stock after acquiring an additional 29,367 shares during the quarter. Townsquare Capital LLC’s holdings in Cambria Emerging Shareholder Yield ETF were worth $4,638,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sugar Maple Asset Management LLC acquired a new stake in shares of Cambria Emerging Shareholder Yield ETF in the 4th quarter valued at $32,000. Farther Finance Advisors LLC boosted its position in shares of Cambria Emerging Shareholder Yield ETF by 117.4% during the 4th quarter. Farther Finance Advisors LLC now owns 1,939 shares of the company’s stock worth $61,000 after acquiring an additional 1,047 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in Cambria Emerging Shareholder Yield ETF by 5.8% in the fourth quarter. Focus Financial Network Inc. now owns 6,532 shares of the company’s stock valued at $205,000 after purchasing an additional 357 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Cambria Emerging Shareholder Yield ETF in the 4th quarter valued at $250,000. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Cambria Emerging Shareholder Yield ETF during the fourth quarter worth about $251,000.

Cambria Emerging Shareholder Yield ETF Trading Down 3.1 %

Shares of EYLD opened at $30.03 on Monday. The company’s 50 day simple moving average is $31.71 and its 200-day simple moving average is $32.38. The firm has a market cap of $471.39 million, a PE ratio of 7.69 and a beta of 0.69. Cambria Emerging Shareholder Yield ETF has a 12-month low of $27.30 and a 12-month high of $36.16.

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.