Cambria Shareholder Yield ETF (BATS:SYLD) Hits New 52-Week High – Here’s What Happened

Cambria Shareholder Yield ETF (BATS:SYLD) reached a new 52-week high on Monday . The stock traded as high as $81.59 and last traded at $81.59, with a volume of 940 shares trading hands. The stock had previously closed at $79.83.

Cambria Shareholder Yield ETF Price Performance

The company has a 50 day moving average of $79.01 and a two-hundred day moving average of $76.51. The company has a market capitalization of $1.16 billion, a PE ratio of 11.01 and a beta of 1.04.

Institutional Trading of Cambria Shareholder Yield ETF

Hedge funds have recently modified their holdings of the business. Sherman Wealth Management LLC purchased a new position in shares of Cambria Shareholder Yield ETF during the fourth quarter valued at approximately $1,439,000. Verum Partners LLC boosted its position in shares of Cambria Shareholder Yield ETF by 17.8% in the 4th quarter. Verum Partners LLC now owns 223,117 shares of the company’s stock worth $15,511,000 after purchasing an additional 33,671 shares in the last quarter. Tcfg Wealth Management LLC grew its stake in shares of Cambria Shareholder Yield ETF by 5,875.4% in the 3rd quarter. Tcfg Wealth Management LLC now owns 242,719 shares of the company’s stock worth $16,665,000 after buying an additional 238,657 shares during the last quarter. Wealth Care LLC purchased a new stake in shares of Cambria Shareholder Yield ETF in the 1st quarter worth approximately $1,475,000. Finally, United Advisor Group LLC increased its position in Cambria Shareholder Yield ETF by 88.2% during the 4th quarter. United Advisor Group LLC now owns 61,293 shares of the company’s stock valued at $4,261,000 after buying an additional 28,723 shares in the last quarter.

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.