Empowered Funds LLC Takes Position in Cambria Shareholder Yield ETF $SYLD

Empowered Funds LLC acquired a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 90,949 shares of the company’s stock, valued at approximately $6,858,000.

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

Cambria Shareholder Yield ETF Price Performance

Shares of BATS:SYLD opened at $83.26 on Friday. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. The business’s 50-day moving average is $80.35 and its 200-day moving average is $77.58. Cambria Shareholder Yield ETF has a 1 year low of $63.40 and a 1 year high of $85.43.

Cambria Shareholder Yield ETF 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.