International Assets Investment Management LLC Takes $13.51 Million Position in Cambria Shareholder Yield ETF (BATS:SYLD)

International Assets Investment Management LLC acquired a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,001 shares of the company’s stock, valued at approximately $13,510,000. International Assets Investment Management LLC owned 0.16% of Cambria Shareholder Yield ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Ancora Advisors LLC raised its holdings in shares of Cambria Shareholder Yield ETF by 50.0% in the third quarter. Ancora Advisors LLC now owns 600 shares of the company’s stock valued at $37,000 after purchasing an additional 200 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in Cambria Shareholder Yield ETF during the fourth quarter worth approximately $51,000. Hubbell Strickland Wealth Management LLC bought a new stake in Cambria Shareholder Yield ETF in the 4th quarter valued at $209,000. Autumn Glory Partners LLC bought a new stake in shares of Cambria Shareholder Yield ETF in the third quarter valued at about $215,000. Finally, Park Avenue Securities LLC bought a new stake in Cambria Shareholder Yield ETF in the 3rd quarter valued at about $217,000.

Cambria Shareholder Yield ETF Trading Up 1.1 %

SYLD opened at $69.58 on Monday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The stock’s 50-day moving average is $70.69 and its two-hundred day moving average is $66.84.

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.