Cambria Shareholder Yield ETF (BATS:SYLD) Hits New 1-Year High – Time to Buy?

Cambria Shareholder Yield ETF (BATS:SYLD) shares reached a new 52-week high on Wednesday . The stock traded as high as $85.57 and last traded at $85.22, with a volume of 3062 shares traded. The stock had previously closed at $85.13.

Cambria Shareholder Yield ETF Trading Up 0.1%

The company’s 50 day moving average price is $80.58 and its two-hundred day moving average price is $77.77. The firm has a market cap of $1.22 billion, a PE ratio of 11.01 and a beta of 1.04.

Hedge Funds Weigh In On Cambria Shareholder Yield ETF

Several institutional investors and hedge funds have recently bought and sold shares of SYLD. Sigma Planning Corp grew its holdings in Cambria Shareholder Yield ETF by 0.6% during the first quarter. Sigma Planning Corp now owns 24,385 shares of the company’s stock valued at $1,839,000 after purchasing an additional 140 shares during the period. Physician Wealth Advisors Inc. raised its stake in shares of Cambria Shareholder Yield ETF by 3.1% in the fourth quarter. Physician Wealth Advisors Inc. now owns 4,788 shares of the company’s stock worth $333,000 after buying an additional 143 shares during the period. Comprehensive Wealth Management LLC lifted its position in shares of Cambria Shareholder Yield ETF by 2.9% during the 4th quarter. Comprehensive Wealth Management LLC now owns 7,029 shares of the company’s stock valued at $489,000 after buying an additional 195 shares in the last quarter. Harbour Investments Inc. lifted its position in shares of Cambria Shareholder Yield ETF by 14.1% during the 4th quarter. Harbour Investments Inc. now owns 1,845 shares of the company’s stock valued at $128,000 after buying an additional 228 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of Cambria Shareholder Yield ETF by 30.8% during the 4th quarter. Allworth Financial LP now owns 1,277 shares of the company’s stock valued at $89,000 after acquiring an additional 301 shares during the period.

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.