Cambria Shareholder Yield ETF (BATS:SYLD) Hits New 1-Year High – Here’s What Happened

Cambria Shareholder Yield ETF (BATS:SYLD) shares hit a new 52-week high on Tuesday . The stock traded as high as $79.88 and last traded at $79.77, with a volume of 6043 shares. The stock had previously closed at $78.80.

Cambria Shareholder Yield ETF Price Performance

The firm’s 50-day simple moving average is $77.75 and its two-hundred day simple moving average is $74.70. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.

Institutional Trading of Cambria Shareholder Yield ETF

Several large investors have recently modified their holdings of SYLD. Sound Income Strategies LLC grew its position in shares of Cambria Shareholder Yield ETF by 33,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 336 shares of the company’s stock valued at $25,000 after purchasing an additional 335 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Cambria Shareholder Yield ETF during the fourth quarter worth approximately $42,000. Advisory Services Network LLC acquired a new stake in Cambria Shareholder Yield ETF during the third quarter worth approximately $52,000. Tucker Asset Management LLC purchased a new stake in Cambria Shareholder Yield ETF in the 4th quarter worth approximately $63,000. Finally, Allworth Financial LP purchased a new stake in Cambria Shareholder Yield ETF in the 3rd quarter worth approximately $67,000.

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.