Cambria Shareholder Yield ETF (BATS:SYLD) Shares Sold by Manchester Financial Inc.

Manchester Financial Inc. reduced its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 15.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 284,663 shares of the company’s stock after selling 53,767 shares during the quarter. Cambria Shareholder Yield ETF comprises approximately 4.3% of Manchester Financial Inc.’s holdings, making the stock its 6th biggest position. Manchester Financial Inc.’s holdings in Cambria Shareholder Yield ETF were worth $19,491,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. International Assets Investment Management LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 6,961.6% in the 3rd quarter. International Assets Investment Management LLC now owns 444,600 shares of the company’s stock valued at $321,760,000 after purchasing an additional 438,304 shares during the period. Heck Capital Advisors LLC purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at $6,057,000. Janney Montgomery Scott LLC raised its position in shares of Cambria Shareholder Yield ETF by 675.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,492 shares of the company’s stock worth $4,758,000 after acquiring an additional 60,527 shares during the period. Valued Retirements Inc. purchased a new stake in shares of Cambria Shareholder Yield ETF during the 3rd quarter worth about $3,612,000. Finally, Smith Anglin Financial LLC grew its position in shares of Cambria Shareholder Yield ETF by 5.1% during the 4th quarter. Smith Anglin Financial LLC now owns 1,013,916 shares of the company’s stock valued at $69,423,000 after acquiring an additional 49,214 shares during the period.

Cambria Shareholder Yield ETF Trading Up 0.1 %

Shares of Cambria Shareholder Yield ETF stock opened at $69.31 on Friday. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The company has a fifty day simple moving average of $70.01 and a 200-day simple moving average of $70.97.

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.