Cambria Shareholder Yield ETF (BATS:SYLD) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC trimmed its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 71.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,076 shares of the company’s stock after selling 75,406 shares during the period. Gladstone Institutional Advisory LLC’s holdings in Cambria Shareholder Yield ETF were worth $2,177,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in SYLD. Financial Gravity Asset Management Inc. acquired a new stake in shares of Cambria Shareholder Yield ETF in the second quarter valued at $60,000. Ashton Thomas Private Wealth LLC acquired a new stake in Cambria Shareholder Yield ETF in the second quarter valued at $68,000. Sentinel Pension Advisors Inc. acquired a new stake in Cambria Shareholder Yield ETF in the first quarter valued at $230,000. Hubbell Strickland Wealth Management LLC raised its stake in Cambria Shareholder Yield ETF by 7.5% in the second quarter. Hubbell Strickland Wealth Management LLC now owns 3,352 shares of the company’s stock valued at $229,000 after buying an additional 233 shares in the last quarter. Finally, Comerica Bank grew its holdings in shares of Cambria Shareholder Yield ETF by 61.0% during the first quarter. Comerica Bank now owns 3,702 shares of the company’s stock worth $271,000 after purchasing an additional 1,403 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD stock opened at $69.80 on Friday. The business’s 50-day moving average price is $71.12 and its 200-day moving average price is $70.04. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89.

Cambria Shareholder Yield ETF 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.