Creekmur Asset Management LLC Invests $221,000 in Cambria Shareholder Yield ETF (BATS:SYLD)

Creekmur Asset Management LLC acquired a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 3,277 shares of the company’s stock, valued at approximately $221,000.

Several other hedge funds have also added to or reduced their stakes in the business. Truist Financial Corp lifted its stake in Cambria Shareholder Yield ETF by 3.6% in the fourth quarter. Truist Financial Corp now owns 31,954 shares of the company’s stock valued at $2,159,000 after buying an additional 1,116 shares in the last quarter. Certified Advisory Corp increased its holdings in Cambria Shareholder Yield ETF by 0.3% during the 4th quarter. Certified Advisory Corp now owns 67,385 shares of the company’s stock worth $4,553,000 after purchasing an additional 217 shares in the last quarter. Mutual Advisors LLC increased its holdings in Cambria Shareholder Yield ETF by 13.3% during the 4th quarter. Mutual Advisors LLC now owns 11,661 shares of the company’s stock worth $788,000 after purchasing an additional 1,369 shares in the last quarter. Apollon Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 198.7% in the 4th quarter. Apollon Wealth Management LLC now owns 18,035 shares of the company’s stock valued at $1,219,000 after purchasing an additional 11,998 shares during the period. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of Cambria Shareholder Yield ETF by 39.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 29,730 shares of the company’s stock valued at $2,009,000 after purchasing an additional 8,441 shares in the last quarter.

Cambria Shareholder Yield ETF Trading Down 1.1 %

Shares of BATS:SYLD traded down $0.76 during mid-day trading on Friday, reaching $67.74. 99,727 shares of the stock were exchanged. The business’s 50 day moving average price is $69.93 and its 200 day moving average price is $68.70. The company has a market capitalization of $1.16 billion, a P/E 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.