Edge Financial Advisors LLC Has $1.61 Million Stock Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Edge Financial Advisors LLC trimmed its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,483 shares of the company’s stock after selling 671 shares during the period. Cambria Shareholder Yield ETF accounts for approximately 1.4% of Edge Financial Advisors LLC’s holdings, making the stock its 26th largest position. Edge Financial Advisors LLC owned about 0.14% of Cambria Shareholder Yield ETF worth $1,608,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SYLD. Janney Montgomery Scott LLC lifted its holdings in Cambria Shareholder Yield ETF by 675.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 69,492 shares of the company’s stock worth $4,758,000 after purchasing an additional 60,527 shares during the last quarter. Verum Partners LLC lifted its holdings in shares of Cambria Shareholder Yield ETF by 9.2% during the fourth quarter. Verum Partners LLC now owns 184,217 shares of the company’s stock worth $12,613,000 after buying an additional 15,464 shares during the last quarter. Atomi Financial Group Inc. increased its position in shares of Cambria Shareholder Yield ETF by 33.4% during the fourth quarter. Atomi Financial Group Inc. now owns 186,331 shares of the company’s stock valued at $12,758,000 after purchasing an additional 46,702 shares during the period. Wealth Management Partners LLC increased its holdings in Cambria Shareholder Yield ETF by 28.3% in the 4th quarter. Wealth Management Partners LLC now owns 8,393 shares of the company’s stock valued at $575,000 after buying an additional 1,850 shares during the period. Finally, Hubbell Strickland Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 6.1% in the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock valued at $246,000 after buying an additional 206 shares in the last quarter.

Cambria Shareholder Yield ETF Trading Up 2.3 %

Shares of SYLD stock opened at $70.81 on Thursday. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The company has a 50 day moving average of $71.34 and a two-hundred day moving average of $70.96.

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.