Cowa LLC Sells 7,578 Shares of Cambria Shareholder Yield ETF $SYLD

Cowa LLC reduced its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 54.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,227 shares of the company’s stock after selling 7,578 shares during the quarter. Cowa LLC’s holdings in Cambria Shareholder Yield ETF were worth $502,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Empowered Funds LLC bought a new position in shares of Cambria Shareholder Yield ETF in the 1st quarter worth about $6,858,000. Waverly Advisors LLC boosted its position in shares of Cambria Shareholder Yield ETF by 562.3% during the 1st quarter. Waverly Advisors LLC now owns 42,181 shares of the company’s stock valued at $3,181,000 after purchasing an additional 35,812 shares in the last quarter. Evanson Financial LLC bought a new stake in shares of Cambria Shareholder Yield ETF during the 2nd quarter valued at about $1,304,000. Integrated Advisors Network LLC grew its stake in Cambria Shareholder Yield ETF by 76.3% during the third quarter. Integrated Advisors Network LLC now owns 31,548 shares of the company’s stock worth $2,542,000 after purchasing an additional 13,655 shares during the period. Finally, CoreFirst Bank & Trust grew its stake in Cambria Shareholder Yield ETF by 49.8% during the first quarter. CoreFirst Bank & Trust now owns 36,671 shares of the company’s stock worth $2,765,000 after purchasing an additional 12,184 shares during the period.

Cambria Shareholder Yield ETF Stock Up 2.2%

Shares of SYLD stock opened at $88.19 on Thursday. The firm has a 50 day moving average of $84.21 and a 200-day moving average of $80.00. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 52 week low of $65.26 and a 52 week high of $88.19.

Cambria Shareholder Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 18th were issued a $0.5046 dividend. The ex-dividend date was Friday, September 18th. This is a positive change from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.3403. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%.

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.