Compass Ion Advisors LLC Sells 2,630 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Compass Ion Advisors LLC trimmed its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 7.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,595 shares of the company’s stock after selling 2,630 shares during the quarter. Compass Ion Advisors LLC owned approximately 0.18% of Cambria Shareholder Yield ETF worth $2,214,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SYLD. Financial Gravity Asset Management Inc. bought a new position in Cambria Shareholder Yield ETF during the second quarter worth $60,000. Ashton Thomas Private Wealth LLC acquired a new position in Cambria Shareholder Yield ETF in the 2nd quarter valued at about $68,000. Sentinel Pension Advisors Inc. bought a new position in Cambria Shareholder Yield ETF in the 1st quarter valued at about $230,000. Hubbell Strickland Wealth Management LLC lifted its position in Cambria Shareholder Yield ETF by 7.5% during the second quarter. Hubbell Strickland Wealth Management LLC now owns 3,352 shares of the company’s stock worth $229,000 after acquiring an additional 233 shares during the last quarter. Finally, Comerica Bank lifted its position in Cambria Shareholder Yield ETF by 61.0% during the first quarter. Comerica Bank now owns 3,702 shares of the company’s stock worth $271,000 after acquiring an additional 1,403 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Down 0.0 %

Shares of Cambria Shareholder Yield ETF stock traded down $0.03 on Friday, hitting $73.57. The stock had a trading volume of 41,702 shares. The firm has a market capitalization of $1.26 billion, a PE ratio of 7.91 and a beta of 0.89. The company has a fifty day moving average price of $70.81 and a 200 day moving average price of $70.08.

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.