Cetera Investment Advisers Lowers Stock Position in Cambria Shareholder Yield ETF (BATS:SYLD)

Cetera Investment Advisers cut its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 2.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 160,511 shares of the company’s stock after selling 3,908 shares during the period. Cetera Investment Advisers owned 1.01% of Cambria Shareholder Yield ETF worth $10,241,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Baldwin Investment Management LLC boosted its position in Cambria Shareholder Yield ETF by 2.3% during the 4th quarter. Baldwin Investment Management LLC now owns 6,462 shares of the company’s stock worth $442,000 after purchasing an additional 144 shares during the period. Beacon Pointe Advisors LLC lifted its holdings in Cambria Shareholder Yield ETF by 2.7% in the 4th quarter. Beacon Pointe Advisors LLC now owns 7,526 shares of the company’s stock worth $515,000 after buying an additional 201 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in Cambria Shareholder Yield ETF by 1.1% in the 1st quarter. Apollon Wealth Management LLC now owns 23,942 shares of the company’s stock worth $1,528,000 after buying an additional 259 shares in the last quarter. Snowden Capital Advisors LLC lifted its holdings in Cambria Shareholder Yield ETF by 2.0% in the 4th quarter. Snowden Capital Advisors LLC now owns 14,790 shares of the company’s stock worth $1,013,000 after buying an additional 285 shares in the last quarter. Finally, OneDigital Investment Advisors LLC lifted its holdings in Cambria Shareholder Yield ETF by 9.4% in the 4th quarter. OneDigital Investment Advisors LLC now owns 3,349 shares of the company’s stock worth $229,000 after buying an additional 289 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD stock opened at $65.61 on Thursday. Cambria Shareholder Yield ETF has a 12 month low of $54.75 and a 12 month high of $76.95. The firm has a market capitalization of $941.49 million, a P/E ratio of 11.01 and a beta of 1.04. The company’s fifty day moving average price is $65.25 and its two-hundred day moving average price is $65.01.

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.