49 Wealth Management LLC Sells 2,025 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

49 Wealth Management LLC decreased its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 14.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,546 shares of the company’s stock after selling 2,025 shares during the quarter. 49 Wealth Management LLC owned approximately 0.07% of Cambria Shareholder Yield ETF worth $836,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. TFG Advisers LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 1.2% in the 3rd quarter. TFG Advisers LLC now owns 12,063 shares of the company’s stock worth $873,000 after purchasing an additional 147 shares during the last quarter. Longview Financial Advisors Inc. boosted its position in Cambria Shareholder Yield ETF by 0.6% in the third quarter. Longview Financial Advisors Inc. now owns 26,884 shares of the company’s stock valued at $1,817,000 after buying an additional 162 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its stake in Cambria Shareholder Yield ETF by 3.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 5,067 shares of the company’s stock worth $371,000 after buying an additional 182 shares during the last quarter. Cowa LLC increased its holdings in shares of Cambria Shareholder Yield ETF by 4.5% during the third quarter. Cowa LLC now owns 4,597 shares of the company’s stock worth $333,000 after buying an additional 200 shares in the last quarter. Finally, Hubbell Strickland Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 7.5% in the second quarter. Hubbell Strickland Wealth Management LLC now owns 3,352 shares of the company’s stock valued at $229,000 after acquiring an additional 233 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Up 1.6 %

Shares of SYLD opened at $74.07 on Friday. The firm has a market cap of $1.27 billion, a P/E ratio of 7.91 and a beta of 0.89. The stock has a 50 day simple moving average of $72.07 and a 200 day simple moving average of $70.39.

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.