Beacon Financial Advisory LLC Decreases Stake in Cambria Shareholder Yield ETF $SYLD

Beacon Financial Advisory LLC decreased its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 7.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,228 shares of the company’s stock after selling 438 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Cambria Shareholder Yield ETF were worth $340,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SYLD. Oppenheimer & Co. Inc. grew its stake in shares of Cambria Shareholder Yield ETF by 4.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 19,817 shares of the company’s stock worth $1,264,000 after purchasing an additional 875 shares during the period. Sowell Financial Services LLC acquired a new position in Cambria Shareholder Yield ETF during the first quarter worth about $248,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at about $81,000. Envestnet Asset Management Inc. increased its holdings in Cambria Shareholder Yield ETF by 3.4% in the first 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. Finally, Royal Bank of Canada lifted its position in shares of Cambria Shareholder Yield ETF by 35.4% during the 1st quarter. Royal Bank of Canada now owns 163,901 shares of the company’s stock valued at $10,457,000 after acquiring an additional 42,860 shares during the period.

Cambria Shareholder Yield ETF Price Performance

SYLD opened at $69.75 on Monday. 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 cap of $1.00 billion, a P/E ratio of 11.01 and a beta of 1.04. The stock’s 50 day simple moving average is $68.12 and its 200 day simple moving average is $64.99.

Cambria Shareholder Yield ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were issued a $0.4917 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $1.97 annualized dividend and a yield of 2.8%.

Cambria Shareholder Yield ETF Company 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.