Cambria Shareholder Yield ETF (BATS:SYLD) Reaches New 52-Week High – What’s Next?

Cambria Shareholder Yield ETF (BATS:SYLDGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $84.62 and last traded at $84.62, with a volume of 336 shares traded. The stock had previously closed at $82.91.

Cambria Shareholder Yield ETF Trading Down 0.2%

The firm has a 50 day moving average price of $80.16 and a two-hundred day moving average price of $77.46. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Sherman Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 2.8% in the 2nd quarter. Sherman Wealth Management LLC now owns 21,861 shares of the company’s stock valued at $1,729,000 after purchasing an additional 589 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Cambria Shareholder Yield ETF by 2.7% during the 2nd quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock valued at $29,592,000 after purchasing an additional 9,986 shares during the period. Evanson Financial LLC acquired a new position in shares of Cambria Shareholder Yield ETF during the second quarter valued at $1,304,000. Longview Financial Advisors Inc. grew its position in Cambria Shareholder Yield ETF by 2.4% in the 2nd quarter. Longview Financial Advisors Inc. now owns 19,212 shares of the company’s stock worth $1,519,000 after purchasing an additional 442 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in Cambria Shareholder Yield ETF in the 1st quarter worth approximately $6,858,000.

Cambria Shareholder Yield ETF Company Profile

(Get Free Report)

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.

Further Reading

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