Verum Partners LLC Makes New Investment in Cambria Shareholder Yield ETF (BATS:SYLD)

Verum Partners LLC purchased a new position in Cambria Shareholder Yield ETF (BATS:SYLD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,527 shares of the company’s stock, valued at approximately $552,000.

A number of other hedge funds have also modified their holdings of SYLD. Truist Financial Corp boosted its position in shares of Cambria Shareholder Yield ETF by 3.6% during the fourth quarter. Truist Financial Corp now owns 31,954 shares of the company’s stock worth $2,159,000 after acquiring an additional 1,116 shares during the last quarter. Certified Advisory Corp boosted its position in shares of Cambria Shareholder Yield ETF by 0.3% during the fourth quarter. Certified Advisory Corp now owns 67,385 shares of the company’s stock worth $4,553,000 after acquiring an additional 217 shares during the last quarter. Mutual Advisors LLC boosted its position in shares of Cambria Shareholder Yield ETF by 13.3% during the fourth quarter. Mutual Advisors LLC now owns 11,661 shares of the company’s stock worth $788,000 after acquiring an additional 1,369 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Cambria Shareholder Yield ETF by 198.7% during the fourth quarter. Apollon Wealth Management LLC now owns 18,035 shares of the company’s stock worth $1,219,000 after acquiring an additional 11,998 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of Cambria Shareholder Yield ETF by 39.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 29,730 shares of the company’s stock worth $2,009,000 after acquiring an additional 8,441 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Up 0.0 %

Shares of BATS:SYLD traded up $0.02 during midday trading on Tuesday, reaching $68.03. 59,010 shares of the company were exchanged. The company’s 50 day moving average is $69.42 and its two-hundred day moving average is $69.14. The firm has a market capitalization of $1.16 billion, a PE ratio of 7.91 and a beta of 0.89.

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.