Smith Moore & CO. Grows Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Smith Moore & CO. boosted its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,629 shares of the company’s stock after purchasing an additional 1,018 shares during the quarter. Smith Moore & CO.’s holdings in Cambria Shareholder Yield ETF were worth $659,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SYLD. Hubbell Strickland Wealth Management LLC raised its stake in shares of Cambria Shareholder Yield ETF by 6.1% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock worth $246,000 after buying an additional 206 shares during the last quarter. Truist Financial Corp increased its holdings in Cambria Shareholder Yield ETF by 0.8% during the 4th quarter. Truist Financial Corp now owns 40,870 shares of the company’s stock valued at $2,798,000 after acquiring an additional 331 shares in the last quarter. Certified Advisory Corp raised its position in Cambria Shareholder Yield ETF by 0.5% during the fourth quarter. Certified Advisory Corp now owns 70,837 shares of the company’s stock worth $4,850,000 after acquiring an additional 347 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at about $27,000. Finally, Sanctuary Advisors LLC grew its position in shares of Cambria Shareholder Yield ETF by 2.1% in the fourth quarter. Sanctuary Advisors LLC now owns 23,066 shares of the company’s stock valued at $1,643,000 after purchasing an additional 472 shares during the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of SYLD opened at $57.87 on Friday. Cambria Shareholder Yield ETF has a 1-year low of $56.91 and a 1-year high of $76.95. The stock has a market cap of $975.03 million, a price-to-earnings ratio of 10.93 and a beta of 1.21. The firm has a 50 day simple moving average of $66.77 and a 200-day simple moving average of $69.94.

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.