Laurel Wealth Advisors LLC Acquires 1,493 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Laurel Wealth Advisors LLC boosted its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 6.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 24,712 shares of the company’s stock after purchasing an additional 1,493 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $1,692,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Smith Anglin Financial LLC lifted its position in shares of Cambria Shareholder Yield ETF by 4.6% during the 3rd quarter. Smith Anglin Financial LLC now owns 964,702 shares of the company’s stock worth $69,815,000 after buying an additional 42,364 shares in the last quarter. Raymond James & Associates boosted its position in Cambria Shareholder Yield ETF by 1.0% in the third quarter. Raymond James & Associates now owns 677,193 shares of the company’s stock worth $49,008,000 after purchasing an additional 6,853 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Cambria Shareholder Yield ETF by 6.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 468,799 shares of the company’s stock valued at $32,009,000 after purchasing an additional 28,804 shares during the period. International Assets Investment Management LLC grew its position in Cambria Shareholder Yield ETF by 6,961.6% during the third quarter. International Assets Investment Management LLC now owns 444,600 shares of the company’s stock valued at $321,760,000 after buying an additional 438,304 shares during the period. Finally, Revolve Wealth Partners LLC grew its position in shares of Cambria Shareholder Yield ETF by 2.8% during the 3rd quarter. Revolve Wealth Partners LLC now owns 291,062 shares of the company’s stock valued at $21,064,000 after acquiring an additional 7,889 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD stock opened at $69.25 on Wednesday. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The business’s 50-day moving average is $71.76 and its 200 day moving average is $70.87.

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.