Belpointe Asset Management LLC Acquires 8,729 Shares of Cambria Shareholder Yield ETF $SYLD

Belpointe Asset Management LLC boosted its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 49.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,298 shares of the company’s stock after purchasing an additional 8,729 shares during the period. Belpointe Asset Management LLC owned about 0.18% of Cambria Shareholder Yield ETF worth $1,806,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of Cambria Shareholder Yield ETF in the 3rd quarter valued at about $30,000. Ameritas Advisory Services LLC acquired a new position in Cambria Shareholder Yield ETF during the second quarter valued at approximately $44,000. Private Trust Co. NA increased its position in shares of Cambria Shareholder Yield ETF by 1,620.3% during the 2nd quarter. Private Trust Co. NA now owns 1,015 shares of the company’s stock worth $66,000 after purchasing an additional 956 shares during the last quarter. Financial Gravity Companies Inc. acquired a new position in shares of Cambria Shareholder Yield ETF during the 2nd quarter worth approximately $98,000. Finally, IFP Advisors Inc raised its stake in shares of Cambria Shareholder Yield ETF by 17.4% during the 2nd quarter. IFP Advisors Inc now owns 1,843 shares of the company’s stock worth $120,000 after purchasing an additional 273 shares in the last quarter.

Cambria Shareholder Yield ETF Trading Up 5.8%

BATS SYLD opened at $73.27 on Wednesday. The company has a market cap of $1.05 billion, a PE ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 12 month low of $54.75 and a 12 month high of $76.95. The stock has a 50 day moving average of $70.93 and a 200-day moving average of $68.91.

Cambria Shareholder Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were given a $0.1984 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, December 18th.

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.