Cambria Shareholder Yield ETF $SYLD Stock: Park Avenue Securities LLC Lowers Position

Park Avenue Securities LLC decreased its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 62.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,554 shares of the company’s stock after selling 5,939 shares during the quarter. Park Avenue Securities LLC’s holdings in Cambria Shareholder Yield ETF were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of SYLD. Sigma Planning Corp lifted its stake in Cambria Shareholder Yield ETF by 3.6% in the 3rd quarter. Sigma Planning Corp now owns 26,186 shares of the company’s stock worth $2,110,000 after acquiring an additional 913 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Cambria Shareholder Yield ETF by 1.4% during the 3rd quarter. Revolve Wealth Partners LLC now owns 379,428 shares of the company’s stock valued at $30,578,000 after acquiring an additional 5,259 shares in the last quarter. Brookstone Capital Management grew its stake in Cambria Shareholder Yield ETF by 4.4% during the 3rd quarter. Brookstone Capital Management now owns 136,089 shares of the company’s stock valued at $10,967,000 after acquiring an additional 5,797 shares in the last quarter. Root Financial Partners LLC purchased a new position in Cambria Shareholder Yield ETF during the 3rd quarter valued at about $29,000. Finally, Wealth Management Partners LLC increased its holdings in shares of Cambria Shareholder Yield ETF by 2.2% in the 3rd quarter. Wealth Management Partners LLC now owns 6,768 shares of the company’s stock valued at $545,000 after purchasing an additional 145 shares during the period.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD opened at $84.75 on Monday. The business’s 50-day moving average is $84.16 and its 200-day moving average is $80.13. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 11.79 and a beta of 0.91. Cambria Shareholder Yield ETF has a fifty-two week low of $65.26 and a fifty-two week high of $88.89.

Cambria Shareholder Yield ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were given a dividend of $0.5046 per share. The ex-dividend date of this dividend was Friday, September 18th. This is a boost from Cambria Shareholder Yield ETF’s previous quarterly dividend of $0.3403. This represents a $2.02 dividend on an annualized basis and a yield of 2.4%.

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.