Smith Anglin Financial LLC Sells 60,113 Shares of Cambria Shareholder Yield ETF $SYLD

Smith Anglin Financial LLC trimmed its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 60.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 38,963 shares of the company’s stock after selling 60,113 shares during the quarter. Smith Anglin Financial LLC owned about 0.27% of Cambria Shareholder Yield ETF worth $2,534,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Betterment LLC lifted its position in shares of Cambria Shareholder Yield ETF by 0.7% during the 1st quarter. Betterment LLC now owns 26,546 shares of the company’s stock valued at $1,694,000 after acquiring an additional 175 shares during the period. First National Bank Sioux Falls lifted its position in shares of Cambria Shareholder Yield ETF by 3.0% during the 2nd quarter. First National Bank Sioux Falls now owns 8,253 shares of the company’s stock valued at $537,000 after acquiring an additional 244 shares during the period. Apollon Wealth Management LLC lifted its position in shares of Cambria Shareholder Yield ETF by 1.1% during the 1st quarter. Apollon Wealth Management LLC now owns 23,942 shares of the company’s stock valued at $1,528,000 after acquiring an additional 259 shares during the period. Center for Financial Planning Inc. bought a new stake in shares of Cambria Shareholder Yield ETF during the 1st quarter valued at $26,000. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Cambria Shareholder Yield ETF by 2.3% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 23,837 shares of the company’s stock worth $1,521,000 after buying an additional 531 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Down 0.4%

Shares of SYLD stock opened at $68.99 on Monday. Cambria Shareholder Yield ETF has a twelve month low of $54.75 and a twelve month high of $76.95. The company has a market cap of $990.06 million, a P/E ratio of 11.01 and a beta of 1.04. The business has a fifty day simple moving average of $67.94 and a 200 day simple moving average of $64.84.

Cambria Shareholder Yield ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Thursday, September 18th were given a dividend of $0.4917 per share. This represents a $1.97 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, September 18th.

Cambria Shareholder Yield ETF Profile

The Cambria Shareholder Yield ETF (SYLD) is an exchange-traded fund that mostly invests in total market equity. The fund offers active exposure to US stocks with attractive cash flow characterized by dividends, shares buybacks and net debt paydown. SYLD was launched on May 14, 2013 and is managed by Cambria.