Sugar Maple Asset Management LLC Makes New Investment in Cambria Foreign Shareholder Yield ETF (BATS:FYLD)

Sugar Maple Asset Management LLC purchased a new stake in Cambria Foreign Shareholder Yield ETF (BATS:FYLD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 1,225 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its holdings in Cambria Foreign Shareholder Yield ETF by 5.2% in the third quarter. Dynamic Advisor Solutions LLC now owns 46,287 shares of the company’s stock valued at $1,289,000 after acquiring an additional 2,289 shares during the last quarter. MML Investors Services LLC raised its position in Cambria Foreign Shareholder Yield ETF by 9.6% in the third quarter. MML Investors Services LLC now owns 16,589 shares of the company’s stock valued at $462,000 after purchasing an additional 1,450 shares during the period. Raymond James & Associates lifted its stake in shares of Cambria Foreign Shareholder Yield ETF by 0.9% in the 3rd quarter. Raymond James & Associates now owns 580,509 shares of the company’s stock valued at $16,167,000 after purchasing an additional 5,263 shares during the last quarter. Truist Financial Corp grew its holdings in shares of Cambria Foreign Shareholder Yield ETF by 5.6% during the 2nd quarter. Truist Financial Corp now owns 17,963 shares of the company’s stock worth $475,000 after purchasing an additional 950 shares during the period. Finally, Atomi Financial Group Inc. acquired a new stake in shares of Cambria Foreign Shareholder Yield ETF during the 3rd quarter worth about $201,000.

Cambria Foreign Shareholder Yield ETF Trading Up 3.0 %

Shares of FYLD opened at $25.71 on Wednesday. The firm has a market cap of $260.96 million, a P/E ratio of 5.83 and a beta of 0.69. The company’s 50-day moving average price is $25.65 and its 200 day moving average price is $26.43. Cambria Foreign Shareholder Yield ETF has a 12-month low of $22.06 and a 12-month high of $27.94.

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.