Parkside Financial Bank & Trust Invests $68,000 in Cambria Shareholder Yield ETF (BATS:SYLD)

Parkside Financial Bank & Trust purchased a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,000 shares of the company’s stock, valued at approximately $68,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Beacon Financial Advisory LLC boosted its position in 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 during the period. Ancora Advisors LLC increased its stake in shares of Cambria Shareholder Yield ETF by 50.0% during 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 during the period. James Investment Research Inc. increased its position in Cambria Shareholder Yield ETF by 5.9% during the 3rd quarter. James Investment Research Inc. now owns 3,750 shares of the company’s stock valued at $232,000 after purchasing an additional 208 shares during the period. Van Hulzen Asset Management LLC raised its holdings in shares of Cambria Shareholder Yield ETF by 7.3% in the 3rd quarter. Van Hulzen Asset Management LLC now owns 3,904 shares of the company’s stock valued at $242,000 after purchasing an additional 267 shares in the last quarter. Finally, Ausdal Financial Partners Inc. lifted its position in shares of Cambria Shareholder Yield ETF by 8.6% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 3,882 shares of the company’s stock worth $240,000 after purchasing an additional 306 shares during the period.

Cambria Shareholder Yield ETF Stock Down 0.8 %

Shares of BATS:SYLD opened at $70.16 on Friday. The company has a market capitalization of $1.20 billion, a P/E ratio of 7.91 and a beta of 0.91. The business has a 50 day simple moving average of $70.54 and a 200 day simple moving average of $66.41.

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.