Cambria Shareholder Yield ETF (BATS:SYLD) is Smith Anglin Financial LLC’s 5th Largest Position

Smith Anglin Financial LLC increased its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,013,916 shares of the company’s stock after buying an additional 49,214 shares during the period. Cambria Shareholder Yield ETF comprises 6.5% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 5th largest holding. Smith Anglin Financial LLC owned approximately 5.93% of Cambria Shareholder Yield ETF worth $69,423,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SYLD. Oppenheimer & Co. Inc. lifted its position in Cambria Shareholder Yield ETF by 1.8% in the second quarter. Oppenheimer & Co. Inc. now owns 21,057 shares of the company’s stock valued at $1,438,000 after acquiring an additional 377 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Cambria Shareholder Yield ETF by 2.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 80,066 shares of the company’s stock valued at $5,467,000 after purchasing an additional 1,799 shares during the last quarter. Cowa LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the 2nd quarter valued at about $300,000. AE Wealth Management LLC grew its stake in Cambria Shareholder Yield ETF by 80.2% during the 2nd quarter. AE Wealth Management LLC now owns 6,292 shares of the company’s stock worth $430,000 after buying an additional 2,801 shares during the last quarter. Finally, Certified Advisory Corp increased its position in Cambria Shareholder Yield ETF by 1.0% during the second quarter. Certified Advisory Corp now owns 69,291 shares of the company’s stock worth $4,731,000 after buying an additional 701 shares during the period.

Cambria Shareholder Yield ETF Trading Up 1.3 %

Shares of SYLD opened at $69.25 on Wednesday. The business’s 50-day simple moving average is $71.76 and its 200 day simple moving average is $70.87. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89.

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.