Apollon Wealth Management LLC Grows Stock Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Apollon Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 9.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 23,683 shares of the company’s stock after acquiring an additional 2,048 shares during the period. Apollon Wealth Management LLC owned approximately 0.14% of Cambria Shareholder Yield ETF worth $1,622,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SYLD. Godsey & Gibb Inc. purchased a new stake in shares of Cambria Shareholder Yield ETF during the fourth quarter worth approximately $35,000. Hubbell Strickland Wealth Management LLC raised its position in Cambria Shareholder Yield ETF by 6.1% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock worth $246,000 after buying an additional 206 shares during the last quarter. Cowa LLC raised its position in Cambria Shareholder Yield ETF by 4.5% during the 3rd quarter. Cowa LLC now owns 4,597 shares of the company’s stock worth $333,000 after buying an additional 200 shares during the last quarter. First National Bank Sioux Falls acquired a new stake in shares of Cambria Shareholder Yield ETF in the 3rd quarter worth $365,000. Finally, U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Cambria Shareholder Yield ETF by 104.6% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,697 shares of the company’s stock valued at $390,000 after acquiring an additional 2,912 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Up 0.1 %

BATS SYLD opened at $69.29 on Tuesday. The business’s 50-day moving average price is $70.37 and its 200-day moving average price is $71.01. The stock has a market capitalization of $1.18 billion, a PE ratio of 7.91 and a beta of 0.89.

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.