Cambria Shareholder Yield ETF (BATS:SYLD) Stake Increased by Smith Anglin Financial LLC

Smith Anglin Financial LLC boosted its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 5.1% in the 4th quarter, HoldingsChannel reports. The fund owned 1,013,916 shares of the company’s stock after acquiring an additional 49,214 shares during the quarter. Cambria Shareholder Yield ETF comprises about 6.5% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 5th biggest holding. Smith Anglin Financial LLC owned approximately 0.06% of Cambria Shareholder Yield ETF worth $69,423,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its holdings in shares of Cambria Shareholder Yield ETF by 1.8% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 21,057 shares of the company’s stock worth $1,438,000 after acquiring an additional 377 shares during the period. Envestnet Asset Management Inc. raised its holdings in Cambria Shareholder Yield ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 80,066 shares of the company’s stock worth $5,467,000 after purchasing an additional 1,799 shares during the last quarter. Cowa LLC purchased a new stake in Cambria Shareholder Yield ETF during the second quarter worth $300,000. AE Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 80.2% during the 2nd quarter. AE Wealth Management LLC now owns 6,292 shares of the company’s stock worth $430,000 after buying an additional 2,801 shares during the last quarter. Finally, Certified Advisory Corp boosted its position in shares of Cambria Shareholder Yield ETF by 1.0% in the 2nd quarter. Certified Advisory Corp now owns 69,291 shares of the company’s stock worth $4,731,000 after buying an additional 701 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of BATS SYLD opened at $69.25 on Wednesday. The company has a 50 day simple moving average of $71.76 and a 200-day simple moving average of $70.87. The firm has a market cap of $1.18 billion, a PE ratio of 7.91 and a beta of 0.89.

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.