Cambria Shareholder Yield ETF (BATS:SYLD) Hits New 12-Month High – What’s Next?

Cambria Shareholder Yield ETF (BATS:SYLD)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $79.20 and last traded at $79.20, with a volume of 9535 shares trading hands. The stock had previously closed at $78.59.

Cambria Shareholder Yield ETF Trading Up 0.6%

The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. The stock has a 50-day moving average of $75.86 and a two-hundred day moving average of $72.20.

Institutional Investors Weigh In On Cambria Shareholder Yield ETF

A number of institutional investors have recently bought and sold shares of SYLD. Revolve Wealth Partners LLC boosted its position in Cambria Shareholder Yield ETF by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 301,085 shares of the company’s stock worth $20,615,000 after acquiring an additional 10,023 shares during the period. Raymond James Financial Inc. boosted its position in Cambria Shareholder Yield ETF by 5.1% during the 2nd quarter. Raymond James Financial Inc. now owns 509,081 shares of the company’s stock worth $33,106,000 after acquiring an additional 24,905 shares during the period. Corient Private Wealth LLC acquired a new stake in Cambria Shareholder Yield ETF during the 2nd quarter worth about $359,000. Osaic Holdings Inc. boosted its position in Cambria Shareholder Yield ETF by 2.5% during the 2nd quarter. Osaic Holdings Inc. now owns 59,224 shares of the company’s stock worth $3,852,000 after acquiring an additional 1,426 shares during the period. Finally, DAVENPORT & Co LLC acquired a new stake in Cambria Shareholder Yield ETF during the 3rd quarter worth about $291,000.

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.