Beacon Financial Advisory LLC Trims Position in Cambria Shareholder Yield ETF (BATS:SYLD)

Beacon Financial Advisory LLC trimmed its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 12.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,694 shares of the company’s stock after selling 800 shares during the period. Beacon Financial Advisory LLC’s holdings in Cambria Shareholder Yield ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Smith Anglin Financial LLC increased its stake in shares of Cambria Shareholder Yield ETF by 4.6% during the third quarter. Smith Anglin Financial LLC now owns 964,702 shares of the company’s stock valued at $69,815,000 after buying an additional 42,364 shares during the period. LPL Financial LLC raised its holdings in shares of Cambria Shareholder Yield ETF by 16.8% in the 2nd quarter. LPL Financial LLC now owns 740,220 shares of the company’s stock valued at $50,542,000 after purchasing an additional 106,241 shares in the last quarter. Raymond James & Associates lifted its position in shares of Cambria Shareholder Yield ETF by 1.0% in the 3rd quarter. Raymond James & Associates now owns 677,193 shares of the company’s stock worth $49,008,000 after purchasing an additional 6,853 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cambria Shareholder Yield ETF by 6.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 468,799 shares of the company’s stock valued at $32,009,000 after purchasing an additional 28,804 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in Cambria Shareholder Yield ETF by 6,961.6% during the third quarter. International Assets Investment Management LLC now owns 444,600 shares of the company’s stock valued at $321,760,000 after buying an additional 438,304 shares during the period.

Cambria Shareholder Yield ETF Stock Up 4.1 %

Shares of BATS:SYLD opened at $74.11 on Thursday. The company has a market capitalization of $1.27 billion, a P/E ratio of 7.91 and a beta of 0.89. The business has a 50 day simple moving average of $71.15 and a 200 day simple moving average of $70.10.

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.