Verum Partners LLC Reduces Stock Position in Cambria Shareholder Yield ETF (BATS:SYLD)

Verum Partners LLC trimmed its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 180,791 shares of the company’s stock after selling 3,426 shares during the period. Cambria Shareholder Yield ETF comprises about 3.1% of Verum Partners LLC’s holdings, making the stock its 11th biggest position. Verum Partners LLC owned about 1.07% of Cambria Shareholder Yield ETF worth $11,534,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Breakwater Capital Group increased its position in shares of Cambria Shareholder Yield ETF by 8.0% in the first quarter. Breakwater Capital Group now owns 128,030 shares of the company’s stock valued at $8,168,000 after buying an additional 9,489 shares in the last quarter. Rothschild Investment LLC grew its stake in Cambria Shareholder Yield ETF by 6.3% in the 1st quarter. Rothschild Investment LLC now owns 197,562 shares of the company’s stock valued at $12,604,000 after acquiring an additional 11,708 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Cambria Shareholder Yield ETF by 12.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 69,222 shares of the company’s stock valued at $4,740,000 after acquiring an additional 7,614 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in Cambria Shareholder Yield ETF during the 4th quarter valued at about $6,057,000. Finally, United Advisor Group LLC raised its position in Cambria Shareholder Yield ETF by 108.3% during the fourth quarter. United Advisor Group LLC now owns 17,041 shares of the company’s stock worth $1,167,000 after acquiring an additional 8,861 shares during the last quarter.

Cambria Shareholder Yield ETF Price Performance

Shares of BATS SYLD opened at $64.19 on Friday. The firm’s 50-day moving average is $61.37 and its two-hundred day moving average is $66.49. The company has a market capitalization of $962.79 million, a PE ratio of 11.21 and a beta of 1.05. Cambria Shareholder Yield ETF has a 12-month low of $54.75 and a 12-month high of $76.95.

Cambria Shareholder Yield ETF Company 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.