UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Takes $81,000 Position in Cambria Shareholder Yield ETF (BATS:SYLD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,187 shares of the company’s stock, valued at approximately $81,000.

A number of other hedge funds have also made changes to their positions in SYLD. Waverly Advisors LLC bought a new position in Cambria Shareholder Yield ETF during the 4th quarter valued at $413,000. Visionary Wealth Advisors raised its position in Cambria Shareholder Yield ETF by 5.4% in the fourth quarter. Visionary Wealth Advisors now owns 62,006 shares of the company’s stock worth $4,246,000 after acquiring an additional 3,194 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 valued at $1,013,000 after acquiring an additional 285 shares during the last quarter. Obermeyer Wealth Partners boosted its position in shares of Cambria Shareholder Yield ETF by 23.8% during the 4th quarter. Obermeyer Wealth Partners now owns 7,416 shares of the company’s stock valued at $508,000 after purchasing an additional 1,424 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Cambria Shareholder Yield ETF by 175.4% during the 4th quarter. Cetera Investment Advisers now owns 164,419 shares of the company’s stock valued at $11,258,000 after purchasing an additional 104,714 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD opened at $64.46 on Friday. The firm’s 50 day moving average is $61.74 and its 200-day moving average is $66.21. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $76.95. The stock has a market capitalization of $966.92 million, a P/E ratio of 11.21 and a beta of 1.05.

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.