Royal Bank of Canada Sells 11,302 Shares of Cambria Shareholder Yield ETF $SYLD

Royal Bank of Canada trimmed its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 14.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,059 shares of the company’s stock after selling 11,302 shares during the quarter. Royal Bank of Canada’s holdings in Cambria Shareholder Yield ETF were worth $5,057,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $42,000. Advisory Services Network LLC purchased a new stake in Cambria Shareholder Yield ETF during the 3rd quarter worth about $52,000. Tucker Asset Management LLC purchased a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter worth about $63,000. Sunbelt Securities Inc. purchased a new stake in Cambria Shareholder Yield ETF in the 3rd quarter worth approximately $68,000. Finally, Allworth Financial LP raised its position in shares of Cambria Shareholder Yield ETF by 30.8% in the fourth quarter. Allworth Financial LP now owns 1,277 shares of the company’s stock worth $89,000 after buying an additional 301 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Up 0.2%

BATS:SYLD opened at $85.28 on Thursday. The business’s 50-day moving average price is $81.33 and its two-hundred day moving average price is $78.25. The stock has a market cap of $1.22 billion, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a twelve month low of $65.26 and a twelve month high of $85.57.

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.