Ameritas Advisory Services LLC Purchases New Stake in Cambria Shareholder Yield ETF $SYLD

Ameritas Advisory Services LLC purchased a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 683 shares of the company’s stock, valued at approximately $44,000.

Several other institutional investors have also recently added to or reduced their stakes in SYLD. Center for Financial Planning Inc. acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $96,000. IFP Advisors Inc acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $100,000. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $147,000. Finally, Sowell Financial Services LLC bought a new stake in Cambria Shareholder Yield ETF during the first quarter valued at $248,000.

Cambria Shareholder Yield ETF Price Performance

SYLD stock opened at $67.08 on Tuesday. Cambria Shareholder Yield ETF has a 1-year low of $54.75 and a 1-year high of $76.95. The firm has a fifty day moving average price of $68.42 and a two-hundred day moving average price of $65.13. The firm has a market cap of $962.60 million, a price-to-earnings ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Investors of record on Thursday, September 18th were paid a dividend of $0.4917 per share. The ex-dividend date was Thursday, September 18th. This represents a $1.97 annualized dividend and a yield of 2.9%.

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.