Wealth Enhancement Advisory Services LLC Sells 10,764 Shares of Cambria Shareholder Yield ETF $SYLD

Wealth Enhancement Advisory Services LLC lowered its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 21.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 39,360 shares of the company’s stock after selling 10,764 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Cambria Shareholder Yield ETF were worth $2,701,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SYLD. Laurel Wealth Advisors LLC increased its holdings in Cambria Shareholder Yield ETF by 6,498.9% during the second quarter. Laurel Wealth Advisors LLC now owns 1,744,885 shares of the company’s stock valued at $113,470,000 after buying an additional 1,718,443 shares during the period. Raymond James Financial Inc. boosted its position in Cambria Shareholder Yield ETF by 5.1% during the 2nd quarter. Raymond James Financial Inc. now owns 509,081 shares of the company’s stock valued at $33,106,000 after acquiring an additional 24,905 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Cambria Shareholder Yield ETF by 4.3% during the 3rd quarter. Revolve Wealth Partners LLC now owns 381,901 shares of the company’s stock valued at $26,221,000 after acquiring an additional 15,829 shares in the last quarter. VestGen Advisors LLC increased its holdings in shares of Cambria Shareholder Yield ETF by 69.1% in the 2nd quarter. VestGen Advisors LLC now owns 311,389 shares of the company’s stock valued at $20,250,000 after acquiring an additional 127,237 shares during the period. Finally, 360 Financial Inc. raised its position in shares of Cambria Shareholder Yield ETF by 5.3% in the 2nd quarter. 360 Financial Inc. now owns 246,693 shares of the company’s stock worth $16,042,000 after acquiring an additional 12,491 shares in the last quarter.

Cambria Shareholder Yield ETF Price Performance

SYLD opened at $73.04 on Thursday. The firm has a market capitalization of $1.05 billion, a PE ratio of 11.01 and a beta of 1.04. The business’s 50-day moving average is $71.06 and its two-hundred day moving average is $68.94. Cambria Shareholder Yield ETF has a 1 year low of $54.75 and a 1 year high of $76.95.

Cambria Shareholder Yield ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were given a dividend of $0.1984 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.79 dividend on an annualized basis and a yield of 1.1%.

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.