Cambria Shareholder Yield ETF (BATS:SYLD) Reaches New 52-Week High – What’s Next?

Shares of Cambria Shareholder Yield ETF (BATS:SYLD) reached a new 52-week high on Tuesday . The company traded as high as $84.62 and last traded at $84.62, with a volume of 336 shares changing hands. The stock had previously closed at $82.91.

Cambria Shareholder Yield ETF Trading Up 1.6%

The firm has a market capitalization of $1.22 billion, a P/E ratio of 11.01 and a beta of 1.04. The firm has a 50 day moving average price of $79.87 and a 200-day moving average price of $77.29.

Institutional Trading of Cambria Shareholder Yield ETF

Several institutional investors have recently added to or reduced their stakes in the company. Sherman Wealth Management LLC boosted its holdings in Cambria Shareholder Yield ETF by 2.8% during the 2nd quarter. Sherman Wealth Management LLC now owns 21,861 shares of the company’s stock valued at $1,729,000 after acquiring an additional 589 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Cambria Shareholder Yield ETF by 2.7% during the second quarter. Revolve Wealth Partners LLC now owns 374,169 shares of the company’s stock worth $29,592,000 after acquiring an additional 9,986 shares during the period. Evanson Financial LLC purchased a new position in Cambria Shareholder Yield ETF during the 2nd quarter worth $1,304,000. Longview Financial Advisors Inc. increased its stake in shares of Cambria Shareholder Yield ETF by 2.4% during the second quarter. Longview Financial Advisors Inc. now owns 19,212 shares of the company’s stock valued at $1,519,000 after buying an additional 442 shares during the period. Finally, Empowered Funds LLC bought a new stake in shares of Cambria Shareholder Yield ETF in the 1st quarter valued at about $6,858,000.

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.