Cetera Investment Advisers Sells 2,595 Shares of Cambria Shareholder Yield ETF $SYLD

Cetera Investment Advisers decreased its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 157,916 shares of the company’s stock after selling 2,595 shares during the quarter. Cetera Investment Advisers’ holdings in Cambria Shareholder Yield ETF were worth $10,269,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in shares of Cambria Shareholder Yield ETF in the second quarter valued at approximately $44,000. Private Trust Co. NA grew its holdings in Cambria Shareholder Yield ETF by 1,620.3% during the second quarter. Private Trust Co. NA now owns 1,015 shares of the company’s stock worth $66,000 after buying an additional 956 shares in the last quarter. IFP Advisors Inc purchased a new stake in Cambria Shareholder Yield ETF in the 1st quarter valued at $100,000. Sagespring Wealth Partners LLC raised its position in Cambria Shareholder Yield ETF by 4.7% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 4,038 shares of the company’s stock valued at $263,000 after buying an additional 181 shares during the last quarter. Finally, Comerica Bank lifted its stake in Cambria Shareholder Yield ETF by 24.0% during the 1st quarter. Comerica Bank now owns 4,139 shares of the company’s stock valued at $264,000 after acquiring an additional 800 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD stock opened at $67.12 on Friday. The firm has a 50-day moving average of $67.96 and a 200-day moving average of $66.66. Cambria Shareholder Yield ETF has a one year low of $54.75 and a one year high of $76.95. The company has a market cap of $963.13 million, a P/E ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Dividend Announcement

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

About Cambria Shareholder Yield ETF

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.