Breakwater Capital Group Sells 8,742 Shares of Cambria Shareholder Yield ETF $SYLD

Breakwater Capital Group lowered its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 8.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,015 shares of the company’s stock after selling 8,742 shares during the period. Cambria Shareholder Yield ETF comprises about 0.9% of Breakwater Capital Group’s portfolio, making the stock its 24th largest position. Breakwater Capital Group’s holdings in Cambria Shareholder Yield ETF were worth $6,180,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SYLD. Aspect Partners LLC lifted its position in shares of Cambria Shareholder Yield ETF by 21.8% during the 2nd quarter. Aspect Partners LLC now owns 19,510 shares of the company’s stock worth $1,269,000 after buying an additional 3,495 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Cambria Shareholder Yield ETF during the second quarter valued at approximately $44,000. Summit Wealth & Retirement Planning Inc. increased its position in shares of Cambria Shareholder Yield ETF by 5.3% during the second quarter. Summit Wealth & Retirement Planning Inc. now owns 17,151 shares of the company’s stock valued at $1,115,000 after acquiring an additional 864 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Cambria Shareholder Yield ETF by 204.3% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 7,000 shares of the company’s stock worth $455,000 after acquiring an additional 4,700 shares during the period. Finally, Ethos Financial Group LLC boosted its position in Cambria Shareholder Yield ETF by 11.9% in the second quarter. Ethos Financial Group LLC now owns 71,562 shares of the company’s stock worth $4,654,000 after purchasing an additional 7,625 shares during the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of BATS:SYLD opened at $77.63 on Monday. Cambria Shareholder Yield ETF has a 1 year low of $54.75 and a 1 year high of $76.95. The company has a market capitalization of $1.11 billion, a PE ratio of 11.01 and a beta of 1.04. The business has a fifty day moving average price of $72.05 and a two-hundred day moving average price of $69.38.

Cambria Shareholder Yield ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were given a dividend of $0.1984 per share. The ex-dividend date was Thursday, December 18th. This represents a $0.79 annualized dividend and a yield of 1.0%.

Cambria Shareholder Yield ETF 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.