IFP Advisors Inc Increases Stock Position in Cambria Shareholder Yield ETF $SYLD

IFP Advisors Inc raised its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 17.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,843 shares of the company’s stock after purchasing an additional 273 shares during the quarter. IFP Advisors Inc’s holdings in Cambria Shareholder Yield ETF were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Betterment LLC boosted its holdings in Cambria Shareholder Yield ETF by 0.7% in the 1st quarter. Betterment LLC now owns 26,546 shares of the company’s stock valued at $1,694,000 after purchasing an additional 175 shares in the last quarter. First National Bank Sioux Falls boosted its holdings in Cambria Shareholder Yield ETF by 3.0% in the 2nd quarter. First National Bank Sioux Falls now owns 8,253 shares of the company’s stock valued at $537,000 after purchasing an additional 244 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in Cambria Shareholder Yield ETF by 1.1% in the 1st quarter. Apollon Wealth Management LLC now owns 23,942 shares of the company’s stock valued at $1,528,000 after purchasing an additional 259 shares in the last quarter. Center for Financial Planning Inc. purchased a new stake in Cambria Shareholder Yield ETF in the 1st quarter valued at approximately $26,000. Finally, OxenFree Capital LLC lifted its position in shares of Cambria Shareholder Yield ETF by 7.8% during the 1st quarter. OxenFree Capital LLC now owns 8,688 shares of the company’s stock valued at $554,000 after acquiring an additional 632 shares during the period.

Cambria Shareholder Yield ETF Trading Down 3.1%

SYLD stock opened at $67.07 on Friday. The firm has a 50 day moving average of $68.63 and a 200-day moving average of $65.21. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $76.95. The company has a market cap of $962.45 million, a price-to-earnings ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Dividend Announcement

The business also recently declared 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. This represents a $1.97 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Thursday, September 18th.

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.