Private Advisor Group LLC Sells 28,838 Shares of Cambria Shareholder Yield ETF $SYLD

Private Advisor Group LLC cut its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 58.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,693 shares of the company’s stock after selling 28,838 shares during the quarter. Private Advisor Group LLC owned 0.14% of Cambria Shareholder Yield ETF worth $1,560,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SYLD. Sound Income Strategies LLC increased its stake in Cambria Shareholder Yield ETF by 33,500.0% in the fourth quarter. Sound Income Strategies LLC now owns 336 shares of the company’s stock valued at $25,000 after acquiring an additional 335 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter valued at $42,000. Advisory Services Network LLC bought a new position in shares of Cambria Shareholder Yield ETF in the 3rd quarter valued at $52,000. Tucker Asset Management LLC acquired a new position in shares of Cambria Shareholder Yield ETF during the 4th quarter worth $63,000. Finally, Allworth Financial LP acquired a new position in shares of Cambria Shareholder Yield ETF during the 3rd quarter worth $67,000.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD stock traded up $0.62 on Friday, hitting $80.45. 32,639 shares of the company’s stock were exchanged, compared to its average volume of 51,530. Cambria Shareholder Yield ETF has a 12 month low of $63.40 and a 12 month high of $81.27. The stock has a market cap of $1.15 billion, a P/E ratio of 11.01 and a beta of 1.04. The company has a 50 day moving average of $78.94 and a 200 day moving average of $76.31.

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.