Empowered Funds LLC Takes $6.86 Million Position in Cambria Shareholder Yield ETF $SYLD

Empowered Funds LLC purchased a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 90,949 shares of the company’s stock, valued at approximately $6,858,000. Empowered Funds LLC owned 0.63% of Cambria Shareholder Yield ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Ritholtz Wealth Management acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $3,255,000. Integrated Advisors Network LLC bought a new position in Cambria Shareholder Yield ETF during the 4th quarter worth $2,709,000. Waverly Advisors LLC lifted its holdings in Cambria Shareholder Yield ETF by 562.3% during the 1st quarter. Waverly Advisors LLC now owns 42,181 shares of the company’s stock worth $3,181,000 after buying an additional 35,812 shares during the period. United Advisor Group LLC lifted its holdings 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 worth $4,261,000 after buying an additional 28,723 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of Cambria Shareholder Yield ETF by 4.9% in the 3rd quarter. Raymond James Financial Inc. now owns 534,253 shares of the company’s stock valued at $36,682,000 after buying an additional 25,172 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Down 0.6%

BATS SYLD opened at $83.26 on Friday. The firm has a market capitalization of $1.19 billion, a PE ratio of 11.01 and a beta of 1.04. The business’s 50-day moving average price is $80.35 and its two-hundred day moving average price is $77.58. Cambria Shareholder Yield ETF has a 12 month low of $63.40 and a 12 month high of $85.43.

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.