Raymond James Financial Services Advisors Inc. Purchases 25,343 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Raymond James Financial Services Advisors Inc. grew its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 13.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,956 shares of the company’s stock after buying an additional 25,343 shares during the quarter. Raymond James Financial Services Advisors Inc. owned 1.23% of Cambria Shareholder Yield ETF worth $14,336,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Truist Financial Corp lifted its stake in Cambria Shareholder Yield ETF by 3.6% in the fourth quarter. Truist Financial Corp now owns 31,954 shares of the company’s stock worth $2,159,000 after acquiring an additional 1,116 shares during the period. Cetera Advisors LLC lifted its position in shares of Cambria Shareholder Yield ETF by 69.9% in the 1st quarter. Cetera Advisors LLC now owns 16,329 shares of the company’s stock worth $1,196,000 after purchasing an additional 6,720 shares during the period. Certified Advisory Corp boosted its stake in shares of Cambria Shareholder Yield ETF by 0.3% during the fourth quarter. Certified Advisory Corp now owns 67,385 shares of the company’s stock valued at $4,553,000 after purchasing an additional 217 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Cambria Shareholder Yield ETF by 198.7% during the fourth quarter. Apollon Wealth Management LLC now owns 18,035 shares of the company’s stock valued at $1,219,000 after buying an additional 11,998 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in Cambria Shareholder Yield ETF by 39.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 29,730 shares of the company’s stock worth $2,009,000 after buying an additional 8,441 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of BATS SYLD opened at $70.01 on Thursday. The firm’s 50-day moving average is $69.12 and its two-hundred day moving average is $69.69. The company has a market cap of $1.20 billion, a PE ratio of 7.91 and a beta of 0.89.

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.