Cambria Shareholder Yield ETF $SYLD Stock Position Reduced by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 16.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 325,869 shares of the company’s stock after selling 65,498 shares during the quarter. Commonwealth Equity Services LLC owned approximately 2.27% of Cambria Shareholder Yield ETF worth $22,374,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SYLD. Sagespring Wealth Partners LLC lifted its stake in Cambria Shareholder Yield ETF by 4.7% during the second quarter. Sagespring Wealth Partners LLC now owns 4,038 shares of the company’s stock worth $263,000 after purchasing an additional 181 shares during the last quarter. First National Bank Sioux Falls raised its holdings in shares of Cambria Shareholder Yield ETF by 3.0% during the second quarter. First National Bank Sioux Falls now owns 8,253 shares of the company’s stock worth $537,000 after purchasing an additional 244 shares during the period. IFP Advisors Inc lifted its position in shares of Cambria Shareholder Yield ETF by 17.4% in the 2nd quarter. IFP Advisors Inc now owns 1,843 shares of the company’s stock worth $120,000 after buying an additional 273 shares during the last quarter. Van Hulzen Asset Management LLC boosted its holdings in shares of Cambria Shareholder Yield ETF by 5.2% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 5,720 shares of the company’s stock valued at $372,000 after buying an additional 282 shares during the period. Finally, Pure Portfolios Holdings LLC boosted its holdings in shares of Cambria Shareholder Yield ETF by 1.4% in the 3rd quarter. Pure Portfolios Holdings LLC now owns 31,676 shares of the company’s stock valued at $2,175,000 after buying an additional 439 shares during the period.

Cambria Shareholder Yield ETF Stock Up 5.5%

SYLD opened at $73.06 on Friday. The company’s 50-day moving average price is $69.35 and its 200 day moving average price is $68.22. Cambria Shareholder Yield ETF has a fifty-two week low of $54.75 and a fifty-two week high of $76.95. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were given a dividend of $0.1984 per share. This represents a $0.79 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, December 18th.

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.