TFG Advisers LLC Sells 503 Shares of Cambria Shareholder Yield ETF $SYLD

TFG Advisers LLC reduced its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,627 shares of the company’s stock after selling 503 shares during the period. TFG Advisers LLC owned approximately 0.08% of Cambria Shareholder Yield ETF worth $756,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Truist Financial Corp boosted its stake in Cambria Shareholder Yield ETF by 8.6% in the 2nd quarter. Truist Financial Corp now owns 44,445 shares of the company’s stock valued at $2,890,000 after buying an additional 3,513 shares in the last quarter. Southland Equity Partners LLC lifted its holdings in shares of Cambria Shareholder Yield ETF by 7.5% during the second quarter. Southland Equity Partners LLC now owns 17,146 shares of the company’s stock valued at $1,115,000 after acquiring an additional 1,203 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the 2nd quarter valued at $2,082,000. First National Bank Sioux Falls grew its holdings in shares of Cambria Shareholder Yield ETF by 3.0% in the 2nd quarter. First National Bank Sioux Falls now owns 8,253 shares of the company’s stock worth $537,000 after purchasing an additional 244 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of Cambria Shareholder Yield ETF by 4.5% in the 1st quarter. Focus Partners Wealth now owns 349,397 shares of the company’s stock worth $22,292,000 after purchasing an additional 14,911 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Down 0.5%

Shares of SYLD stock opened at $68.93 on Thursday. The company has a market capitalization of $989.09 million, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $76.95. The firm has a 50-day moving average price of $68.03 and a 200 day moving average price of $64.93.

Cambria Shareholder Yield ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Thursday, September 18th were issued a $0.4917 dividend. This represents a $1.97 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Thursday, September 18th.

Cambria Shareholder Yield ETF Company 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.