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

RFG Advisory LLC trimmed its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,624 shares of the company’s stock after selling 2,775 shares during the period. RFG Advisory LLC owned about 0.09% of Cambria Shareholder Yield ETF worth $1,001,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Cambria Shareholder Yield ETF by 2.3% in the second quarter. Envestnet Asset Management Inc. now owns 80,066 shares of the company’s stock valued at $5,467,000 after purchasing an additional 1,799 shares during the period. NewEdge Advisors LLC boosted its position in Cambria Shareholder Yield ETF by 2.9% during the second quarter. NewEdge Advisors LLC now owns 164,255 shares of the company’s stock valued at $11,215,000 after purchasing an additional 4,679 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Cambria Shareholder Yield ETF by 6.5% in 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 during the last quarter. Truist Financial Corp grew its stake in Cambria Shareholder Yield ETF by 22.8% in the second quarter. Truist Financial Corp now owns 41,014 shares of the company’s stock valued at $2,800,000 after purchasing an additional 7,603 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in Cambria Shareholder Yield ETF by 14.8% in the second quarter. Cetera Investment Advisers now owns 54,997 shares of the company’s stock worth $3,755,000 after purchasing an additional 7,081 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of Cambria Shareholder Yield ETF stock opened at $70.78 on Friday. The stock has a market cap of $1.21 billion, a P/E ratio of 7.91 and a beta of 0.89. The stock has a 50-day moving average price of $71.26 and a 200 day moving average price of $70.98.

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.