Moors & Cabot Inc. Sells 1,749 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Moors & Cabot Inc. decreased its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 23.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,689 shares of the company’s stock after selling 1,749 shares during the period. Moors & Cabot Inc.’s holdings in Cambria Shareholder Yield ETF were worth $388,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Evermay Wealth Management LLC bought a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $47,000. Financial Gravity Asset Management Inc. acquired a new position in Cambria Shareholder Yield ETF during the second quarter worth approximately $60,000. Ashton Thomas Private Wealth LLC bought a new stake in Cambria Shareholder Yield ETF in the 2nd quarter valued at $68,000. Assetmark Inc. bought a new position in Cambria Shareholder Yield ETF during the fourth quarter worth $130,000. Finally, Belpointe Asset Management LLC bought a new position in Cambria Shareholder Yield ETF during the fourth quarter worth $207,000.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD opened at $72.23 on Friday. The company has a fifty day moving average of $69.95 and a 200-day moving average of $69.96. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89.

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.