Oppenheimer & Co. Inc. Acquires 875 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Oppenheimer & Co. Inc. boosted its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 4.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,817 shares of the company’s stock after acquiring an additional 875 shares during the period. Oppenheimer & Co. Inc. owned about 0.13% of Cambria Shareholder Yield ETF worth $1,264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in shares of 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 purchasing an additional 4,945 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $81,000. Sowell Financial Services LLC acquired a new stake in Cambria Shareholder Yield ETF in the 1st quarter valued at $248,000. Wells Fargo & Company MN boosted its stake in Cambria Shareholder Yield ETF by 53.1% during the 4th quarter. Wells Fargo & Company MN now owns 173,736 shares of the company’s stock worth $11,896,000 after purchasing an additional 60,266 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in Cambria Shareholder Yield ETF during the 4th quarter worth $219,000.

Cambria Shareholder Yield ETF Trading Down 6.0%

Shares of SYLD opened at $65.08 on Friday. The firm has a 50-day moving average price of $63.03 and a 200 day moving average price of $65.36. The firm has a market capitalization of $956.69 million, a P/E ratio of 10.87 and a beta of 1.04. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $76.95.

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.