Cambria Large Cap Sharestår logo

Cambria Large Cap Sharestår (LYLD)

Market Closed
14 Aug, 20:00
BATS BATS
$
33. 38
+0.23
+0.6816%
$
- Market Cap
- Div Yield
100 Volume
$ 33.16
Previous Close
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Day Range
33.37 33.38
Year Range
26.34 33.38
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LYLD: A New ETF Focused On 'Shareholder Yield'

LYLD: A New ETF Focused On 'Shareholder Yield'

Cambria LargeCap Shareholder Yield ETF is a new actively managed ETF focused on large-cap companies with high "shareholder yield." It is actively managed, but they focus on large-cap and more value-oriented sectors and still employ a model-based approach with a quantitative algorithm. LYLD's approach doesn't just focus on dividend yield, but also share repurchases and debt reduction, which could potentially make it more of a dividend growth play over the long term.

Seekingalpha | 1 year ago