Ausdal Financial Partners Inc. Has $1.02 Million Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Ausdal Financial Partners Inc. boosted its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 81.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,958 shares of the company’s stock after purchasing an additional 6,708 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Cambria Shareholder Yield ETF were worth $1,021,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Evermay Wealth Management LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $47,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Cambria Shareholder Yield ETF during the 2nd quarter worth $60,000. Assetmark Inc. bought a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter worth $130,000. Belpointe Asset Management LLC acquired a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at about $207,000. Finally, Creekmur Asset Management LLC bought a new stake in Cambria Shareholder Yield ETF during the fourth quarter worth about $221,000.

Cambria Shareholder Yield ETF Price Performance

Shares of Cambria Shareholder Yield ETF stock opened at $67.97 on Monday. The firm has a market capitalization of $1.16 billion, a P/E ratio of 7.91 and a beta of 0.89. The business’s 50-day moving average price is $69.67 and its 200-day moving average price is $69.95.

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.