Steward Partners Investment Advisory LLC Boosts Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Steward Partners Investment Advisory LLC raised its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 15.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,603 shares of the company’s stock after buying an additional 6,586 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Cambria Shareholder Yield ETF were worth $3,465,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP purchased a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter worth about $27,000. Godsey & Gibb Inc. purchased a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter worth about $35,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter worth about $41,000. Compass Capital Corp MA ADV purchased a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter worth about $227,000. Finally, Hubbell Strickland Wealth Management LLC boosted its holdings in shares of Cambria Shareholder Yield ETF by 6.1% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock worth $246,000 after purchasing an additional 206 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

SYLD opened at $65.76 on Friday. The business has a 50-day moving average price of $68.89 and a 200-day moving average price of $70.76. The stock has a market cap of $1.14 billion, a PE ratio of 12.38 and a beta of 1.20.

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.