Laurel Wealth Advisors LLC Has $1.28 Million Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Laurel Wealth Advisors LLC boosted its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 14.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,000 shares of the company’s stock after buying an additional 2,390 shares during the period. Laurel Wealth Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $1,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SYLD. Beacon Financial Advisory LLC increased its position in shares of Cambria Shareholder Yield ETF by 4.4% in the 4th quarter. Beacon Financial Advisory LLC now owns 4,167 shares of the company’s stock valued at $282,000 after buying an additional 176 shares in the last quarter. Ancora Advisors LLC boosted its position in Cambria Shareholder Yield ETF by 50.0% in the third quarter. Ancora Advisors LLC now owns 600 shares of the company’s stock valued at $37,000 after buying an additional 200 shares in the last quarter. James Investment Research Inc. lifted its holdings in shares of Cambria Shareholder Yield ETF by 5.9% during the third quarter. James Investment Research Inc. now owns 3,750 shares of the company’s stock worth $232,000 after purchasing an additional 208 shares during the period. Certified Advisory Corp lifted its holdings in shares of Cambria Shareholder Yield ETF by 0.3% during the fourth quarter. Certified Advisory Corp now owns 67,385 shares of the company’s stock worth $4,553,000 after purchasing an additional 217 shares during the period. Finally, Van Hulzen Asset Management LLC raised its stake in Cambria Shareholder Yield ETF by 7.3% during the third quarter. Van Hulzen Asset Management LLC now owns 3,904 shares of the company’s stock worth $242,000 after buying an additional 267 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Up 0.1 %

SYLD traded up $0.10 during midday trading on Friday, hitting $70.26. The company had a trading volume of 104,067 shares. The stock has a market cap of $1.20 billion, a P/E ratio of 7.91 and a beta of 0.91. The stock’s 50 day simple moving average is $70.59 and its 200 day simple moving average is $66.48.

About Cambria Shareholder Yield ETF

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.