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

Laurel Wealth Advisors LLC increased its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 6.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,712 shares of the company’s stock after acquiring an additional 1,493 shares during the quarter. Laurel Wealth Advisors LLC owned about 0.14% of Cambria Shareholder Yield ETF worth $1,692,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SYLD. Cowa LLC bought a new stake in Cambria Shareholder Yield ETF in the second quarter worth approximately $300,000. First National Bank Sioux Falls acquired a new stake in shares of Cambria Shareholder Yield ETF during the 3rd quarter worth approximately $365,000. Pinnacle Financial Partners Inc bought a new stake in shares of Cambria Shareholder Yield ETF in the 3rd quarter valued at $412,000. AE Wealth Management LLC lifted its position 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 valued at $430,000 after acquiring an additional 2,801 shares during the period. Finally, Koshinski Asset Management Inc. boosted its stake in Cambria Shareholder Yield ETF by 22.9% during the third quarter. Koshinski Asset Management Inc. now owns 6,182 shares of the company’s stock worth $447,000 after acquiring an additional 1,150 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

BATS:SYLD opened at $69.25 on Wednesday. The business has a 50 day moving average of $71.76 and a two-hundred day moving average of $70.87. The firm has a market capitalization 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.