Cambria Shareholder Yield ETF $SYLD Shares Sold by Manchester Financial Inc.

Manchester Financial Inc. reduced its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 44.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,050 shares of the company’s stock after selling 21,569 shares during the period. Manchester Financial Inc.’s holdings in Cambria Shareholder Yield ETF were worth $1,759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Betterment LLC boosted its stake in Cambria Shareholder Yield ETF by 0.7% in the first 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. Sagespring Wealth Partners LLC boosted its stake in Cambria Shareholder Yield ETF by 4.7% in the second quarter. Sagespring Wealth Partners LLC now owns 4,038 shares of the company’s stock valued at $263,000 after acquiring an additional 181 shares during the period. First National Bank Sioux Falls boosted its stake in Cambria Shareholder Yield ETF by 3.0% in the second 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 boosted its stake in Cambria Shareholder Yield ETF by 1.1% in the first 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. Finally, IFP Advisors Inc boosted its stake in Cambria Shareholder Yield ETF by 17.4% in the second quarter. IFP Advisors Inc now owns 1,843 shares of the company’s stock valued at $120,000 after acquiring an additional 273 shares during the period.

Cambria Shareholder Yield ETF Stock Down 3.1%

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

Cambria Shareholder Yield ETF Announces Dividend

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

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.