Cambria Shareholder Yield ETF (BATS:SYLD) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lessened its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 16.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,680 shares of the company’s stock after selling 899 shares during the quarter. International Assets Investment Management LLC’s holdings in Cambria Shareholder Yield ETF were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in SYLD. Bank of America Corp DE increased its position in Cambria Shareholder Yield ETF by 3.8% in the 4th quarter. Bank of America Corp DE now owns 136,213 shares of the company’s stock valued at $9,326,000 after acquiring an additional 4,945 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter worth $81,000. Sowell Financial Services LLC bought a new position in shares of Cambria Shareholder Yield ETF in the first quarter worth $248,000. Wells Fargo & Company MN increased its holdings in shares of Cambria Shareholder Yield ETF by 53.1% during the fourth quarter. Wells Fargo & Company MN now owns 173,736 shares of the company’s stock valued at $11,896,000 after purchasing an additional 60,266 shares during the period. Finally, Independent Advisor Alliance acquired a new position in shares of Cambria Shareholder Yield ETF during the fourth quarter valued at $219,000.

Cambria Shareholder Yield ETF Stock Down 6.0%

Shares of BATS SYLD opened at $65.08 on Friday. The stock has a market cap of $956.69 million, a P/E ratio of 10.87 and a beta of 1.04. The firm’s 50-day simple moving average is $63.03 and its 200 day simple moving average is $65.41. Cambria Shareholder Yield ETF has a fifty-two week low of $54.75 and a fifty-two week high of $76.95.

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.