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

Sagespring Wealth Partners LLC raised its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 4.7% during the 2nd quarter, Holdings Channel reports. The fund owned 4,038 shares of the company’s stock after purchasing an additional 181 shares during the period. Sagespring Wealth Partners LLC’s holdings in Cambria Shareholder Yield ETF were worth $263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Intellus Advisors LLC boosted its position in Cambria Shareholder Yield ETF by 5.4% during the 1st quarter. Intellus Advisors LLC now owns 495,174 shares of the company’s stock valued at $31,592,000 after acquiring an additional 25,521 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Cambria Shareholder Yield ETF by 14.4% during the 1st quarter. Raymond James Financial Inc. now owns 484,176 shares of the company’s stock valued at $30,890,000 after purchasing an additional 60,768 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Cambria Shareholder Yield ETF by 11.0% during the 2nd quarter. Revolve Wealth Partners LLC now owns 366,072 shares of the company’s stock valued at $23,806,000 after purchasing an additional 36,327 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Cambria Shareholder Yield ETF by 4.5% during the 1st quarter. Focus Partners Wealth now owns 349,397 shares of the company’s stock valued at $22,292,000 after purchasing an additional 14,911 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Cambria Shareholder Yield ETF by 103.2% during the 1st quarter. CWM LLC now owns 253,835 shares of the company’s stock valued at $16,195,000 after purchasing an additional 128,891 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Down 3.1%

Shares of SYLD opened at $67.07 on Friday. Cambria Shareholder Yield ETF has a 12 month low of $54.75 and a 12 month high of $76.95. The stock has a fifty day moving average price of $68.63 and a 200-day moving average price of $65.21. The firm has a market cap of $962.45 million, a PE ratio of 11.01 and a beta of 1.04.

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 issued a dividend of $0.4917 per share. This represents a $1.97 annualized dividend and a dividend 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.