Sagespring Wealth Partners LLC Acquires 181 Shares of Cambria Shareholder Yield ETF $SYLD

Sagespring Wealth Partners LLC grew its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 4.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,038 shares of the company’s stock after buying an additional 181 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Cambria Shareholder Yield ETF were worth $263,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sowell Financial Services LLC bought a new position in Cambria Shareholder Yield ETF in the first quarter worth approximately $248,000. Oppenheimer & Co. Inc. grew its stake in Cambria Shareholder Yield ETF by 4.6% in the first quarter. Oppenheimer & Co. Inc. now owns 19,817 shares of the company’s stock worth $1,264,000 after purchasing an additional 875 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Cambria Shareholder Yield ETF by 3.4% in the first quarter. Envestnet Asset Management Inc. now owns 74,407 shares of the company’s stock worth $4,747,000 after purchasing an additional 2,469 shares in the last quarter. Royal Bank of Canada grew its stake in Cambria Shareholder Yield ETF by 35.4% in the first quarter. Royal Bank of Canada now owns 163,901 shares of the company’s stock worth $10,457,000 after purchasing an additional 42,860 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Cambria Shareholder Yield ETF in the second quarter worth approximately $44,000.

Cambria Shareholder Yield ETF Stock Down 3.1%

Shares of BATS:SYLD opened at $67.07 on Friday. Cambria Shareholder Yield ETF has a 52-week low of $54.75 and a 52-week high of $76.95. The stock has a market cap of $962.45 million, a P/E ratio of 11.01 and a beta of 1.04. The business’s 50 day moving average is $68.63 and its 200 day moving average is $65.21.

Cambria Shareholder Yield ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were given a dividend of $0.4917 per share. This represents a $1.97 annualized dividend and a 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.