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

Breakwater Capital Group reduced its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 8.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,015 shares of the company’s stock after selling 8,742 shares during the period. Cambria Shareholder Yield ETF makes up 0.9% of Breakwater Capital Group’s investment portfolio, making the stock its 24th largest holding. Breakwater Capital Group owned about 0.63% of Cambria Shareholder Yield ETF worth $6,180,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC raised its holdings in Cambria Shareholder Yield ETF by 6,498.9% during the second quarter. Laurel Wealth Advisors LLC now owns 1,744,885 shares of the company’s stock worth $113,470,000 after buying an additional 1,718,443 shares during the last quarter. VestGen Advisors LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 69.1% during the second quarter. VestGen Advisors LLC now owns 311,389 shares of the company’s stock valued at $20,250,000 after buying an additional 127,237 shares during the last quarter. Atlas Wealth LLC acquired a new position in shares of Cambria Shareholder Yield ETF during the second quarter valued at about $3,638,000. Revolve Wealth Partners LLC increased its position in shares of Cambria Shareholder Yield ETF by 11.0% during the second quarter. Revolve Wealth Partners LLC now owns 366,072 shares of the company’s stock worth $23,806,000 after acquiring an additional 36,327 shares in the last quarter. Finally, Brookstone Capital Management raised its holdings in shares of Cambria Shareholder Yield ETF by 33.4% in the 2nd quarter. Brookstone Capital Management now owns 102,198 shares of the company’s stock worth $6,646,000 after acquiring an additional 25,594 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of BATS SYLD opened at $77.63 on Monday. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a fifty-two week low of $54.75 and a fifty-two week high of $76.95. The firm’s 50-day simple moving average is $72.05 and its 200 day simple moving average is $69.38.

Cambria Shareholder Yield ETF Cuts Dividend

The business also recently announced 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 of this dividend was Thursday, December 18th. This represents a $0.79 annualized dividend and a dividend yield of 1.0%.

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.