Cambria Shareholder Yield ETF (BATS:SYLD – Get Free Report) announced a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be paid a dividend of 0.5046 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, September 18th. This is a 48.3% increase from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.34.
Cambria Shareholder Yield ETF Price Performance
Shares of BATS:SYLD opened at $83.53 on Friday. The firm’s 50 day simple moving average is $84.85 and its 200 day simple moving average is $80.10. Cambria Shareholder Yield ETF has a fifty-two week low of $65.26 and a fifty-two week high of $87.33. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.
Institutional Investors Weigh In On Cambria Shareholder Yield ETF
Several hedge funds have recently bought and sold shares of the company. Revolve Wealth Partners LLC boosted its position in shares of Cambria Shareholder Yield ETF by 2.7% during the second quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock worth $29,592,000 after purchasing an additional 9,986 shares in the last quarter. Compound Planning Inc. increased its position in shares of Cambria Shareholder Yield ETF by 5.2% in the 4th quarter. Compound Planning Inc. now owns 277,809 shares of the company’s stock valued at $19,313,000 after buying an additional 13,825 shares in the last quarter. Cetera Investment Advisers raised its stake in Cambria Shareholder Yield ETF by 5.0% during the 1st quarter. Cetera Investment Advisers now owns 250,789 shares of the company’s stock worth $18,912,000 after buying an additional 11,989 shares during the period. Rothschild Investment LLC raised its stake in Cambria Shareholder Yield ETF by 6.6% during the 4th quarter. Rothschild Investment LLC now owns 247,655 shares of the company’s stock worth $17,217,000 after buying an additional 15,305 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in Cambria Shareholder Yield ETF by 3.8% during the 1st quarter. Arkadios Wealth Advisors now owns 136,587 shares of the company’s stock worth $10,300,000 after buying an additional 4,988 shares during the period.
Cambria Shareholder Yield ETF Company 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.
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