3,618 Shares in Cambria Shareholder Yield ETF (BATS:SYLD) Bought by Parsons Capital Management Inc. RI

Posted by Defense World Staff on Jun 29th, 2023

Parsons Capital Management Inc. RI acquired a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,618 shares of the company’s stock, valued at approximately $212,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. ICA Group Wealth Management LLC bought a new position in Cambria Shareholder Yield ETF during the fourth quarter valued at about $37,000. CoreCap Advisors LLC bought a new position in Cambria Shareholder Yield ETF during the fourth quarter valued at about $38,000. Parallel Advisors LLC raised its holdings in Cambria Shareholder Yield ETF by 545.0% during the fourth quarter. Parallel Advisors LLC now owns 1,290 shares of the company’s stock valued at $77,000 after buying an additional 1,090 shares in the last quarter. Fifth Third Bancorp bought a new position in Cambria Shareholder Yield ETF during the fourth quarter valued at about $99,000. Finally, True Wealth Design LLC bought a new position in Cambria Shareholder Yield ETF during the fourth quarter valued at about $103,000.

Cambria Shareholder Yield ETF Trading Up 0.1 %

BATS SYLD opened at $59.86 on Thursday. The company’s fifty day moving average is $57.57 and its 200-day moving average is $59.86. The company has a market capitalization of $739.27 million, a price-to-earnings ratio of 6.20 and a beta of 1.21.

Cambria Shareholder Yield ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, July 3rd. Stockholders of record on Friday, June 23rd will be paid a $0.2941 dividend. The ex-dividend date is Thursday, June 22nd.

Cambria Shareholder Yield ETF Profile

(Free Report)

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.