Compound Planning Inc. Boosts Stake in Cambria Shareholder Yield ETF $SYLD

Compound Planning Inc. increased its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 11.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 263,984 shares of the company’s stock after purchasing an additional 27,274 shares during the quarter. Compound Planning Inc. owned 1.84% of Cambria Shareholder Yield ETF worth $18,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Root Financial Partners LLC purchased a new position in Cambria Shareholder Yield ETF in the 3rd quarter worth about $30,000. Financial Gravity Companies Inc. bought a new stake in shares of Cambria Shareholder Yield ETF in the second quarter worth approximately $98,000. Optivise Advisory Services LLC purchased a new position in shares of Cambria Shareholder Yield ETF during the third quarter valued at approximately $202,000. Joseph P. Lucia & Associates LLC purchased a new position in shares of Cambria Shareholder Yield ETF during the third quarter valued at approximately $205,000. Finally, Sax Wealth Advisors LLC bought a new position in Cambria Shareholder Yield ETF during the third quarter valued at approximately $258,000.

Cambria Shareholder Yield ETF Trading Down 1.7%

Shares of SYLD stock opened at $76.29 on Tuesday. The stock has a market capitalization of $1.09 billion, a P/E ratio of 11.01 and a beta of 1.04. The firm’s 50 day moving average is $73.55 and its 200 day moving average is $70.29. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $78.95.

Cambria Shareholder Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were issued a $0.1984 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.79 annualized dividend and a dividend yield of 1.0%.

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.