Envestnet Asset Management Inc. Sells 12,157 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Envestnet Asset Management Inc. trimmed its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 14.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 71,938 shares of the company’s stock after selling 12,157 shares during the quarter. Envestnet Asset Management Inc. owned about 0.42% of Cambria Shareholder Yield ETF worth $4,926,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Allworth Financial LP bought a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter worth approximately $27,000. Godsey & Gibb Inc. bought a new stake in Cambria Shareholder Yield ETF in the 4th quarter worth approximately $35,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Cambria Shareholder Yield ETF during the 4th quarter valued at $41,000. JPMorgan Chase & Co. raised its stake in Cambria Shareholder Yield ETF by 42,540.0% during the 4th quarter. JPMorgan Chase & Co. now owns 2,132 shares of the company’s stock valued at $146,000 after buying an additional 2,127 shares during the last quarter. Finally, Compass Capital Corp MA ADV bought a new position in shares of Cambria Shareholder Yield ETF during the 4th quarter valued at $227,000.

Cambria Shareholder Yield ETF Price Performance

SYLD stock opened at $58.88 on Wednesday. The company has a market cap of $933.25 million, a P/E ratio of 10.11 and a beta of 1.09. Cambria Shareholder Yield ETF has a 1 year low of $54.75 and a 1 year high of $76.95. The stock’s fifty day moving average price is $63.47 and its 200-day moving average price is $68.63.

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.