Cambria Launches Foreign Shareholder Yield ETF (FYLD); SPDR Goes Beyond BRIC (EMBB)

U.S. equities edged lower this week as the prospect of a pullback in the central bank’s bond-buying program weighed heavily on the markets. In economic news, the ISM manufacturing index rose to 57.3 in November from the previous 56.4; the ISM non-manufacturing index was reported to have expanded in November at a slower pace than expected. Meanwhile, 215,000 private sector jobs were added last month, up from 130,000 in October and above the expected 178,000. The Commerce Department also reported initial jobless claims falling more than expected [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. On the ETF front, investors welcomed two new exchange traded products: A New International Dividend Fund California-based Cambria debuted its second ETF this week – a twist on its existing Shareholder Yield ETF: Foreign Shareholder Yield ETF : This fund tracks the Cambria Foreign Shareholder Yield Index, which consists of stocks with high cash distribution characteristics. The underlying [...] Click here to read the original article on ETFdb.com. Related Posts: The Best Dividend ETFs Aren’t Dividend ETFs At All Dividend ETF Special: 25 Equity ETFs With Attractive Distribution Yields Dividend ETFs: Going Beyond The United States Examining International Dividend ETFs Seven ETFs For Investors Mourning The Death Of BP’s Dividend