Cambria Shareholder Yield ETF $SYLD Stake Lifted by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC raised its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 381,901 shares of the company’s stock after purchasing an additional 15,829 shares during the period. Cambria Shareholder Yield ETF comprises 3.1% of Revolve Wealth Partners LLC’s portfolio, making the stock its 7th biggest position. Revolve Wealth Partners LLC’s holdings in Cambria Shareholder Yield ETF were worth $26,221,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SYLD. Ameritas Advisory Services LLC purchased a new position in shares of Cambria Shareholder Yield ETF during the second quarter valued at $44,000. Private Trust Co. NA lifted its stake in Cambria Shareholder Yield ETF by 1,620.3% in the second quarter. Private Trust Co. NA now owns 1,015 shares of the company’s stock worth $66,000 after acquiring an additional 956 shares during the period. Financial Gravity Companies Inc. bought a new position in Cambria Shareholder Yield ETF during the 2nd quarter worth about $98,000. IFP Advisors Inc increased its position in Cambria Shareholder Yield ETF by 17.4% during the 2nd quarter. IFP Advisors Inc now owns 1,843 shares of the company’s stock valued at $120,000 after purchasing an additional 273 shares during the period. Finally, Sagespring Wealth Partners LLC increased its position in Cambria Shareholder Yield ETF by 4.7% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 4,038 shares of the company’s stock valued at $263,000 after purchasing an additional 181 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

BATS:SYLD opened at $70.41 on Tuesday. The firm has a 50-day simple moving average of $68.60 and a 200-day simple moving average of $67.68. Cambria Shareholder Yield ETF has a one year low of $54.75 and a one year high of $76.95. The firm has a market cap of $1.01 billion, a P/E ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were paid a $0.1984 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.79 dividend on an annualized basis and a yield of 1.1%.

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.