RPS Advisory Solutions LLC Makes New $581,000 Investment in Cambria Shareholder Yield ETF $SYLD

RPS Advisory Solutions LLC purchased a new position in Cambria Shareholder Yield ETF (BATS:SYLD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,936 shares of the company’s stock, valued at approximately $581,000. RPS Advisory Solutions LLC owned 0.06% of Cambria Shareholder Yield ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in Cambria Shareholder Yield ETF by 3.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 74,407 shares of the company’s stock valued at $4,747,000 after buying an additional 2,469 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Cambria Shareholder Yield ETF by 35.4% in the first quarter. Royal Bank of Canada now owns 163,901 shares of the company’s stock worth $10,457,000 after buying an additional 42,860 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Cambria Shareholder Yield ETF in the second quarter valued at approximately $44,000. Comerica Bank grew its stake in Cambria Shareholder Yield ETF by 24.0% during the first quarter. Comerica Bank now owns 4,139 shares of the company’s stock valued at $264,000 after acquiring an additional 800 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in Cambria Shareholder Yield ETF by 204.3% during the 2nd 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.

Cambria Shareholder Yield ETF Price Performance

BATS SYLD opened at $67.18 on Friday. The company’s 50 day simple moving average is $68.53 and its two-hundred day simple moving average is $66.12. Cambria Shareholder Yield ETF has a 1 year low of $54.75 and a 1 year high of $76.95. The stock has a market capitalization of $964.05 million, a PE ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Thursday, September 18th were paid a dividend of $0.4917 per share. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $1.97 annualized dividend and a yield of 2.9%.

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.