Quadrant Private Wealth Management LLC Decreases Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Quadrant Private Wealth Management LLC cut its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 22.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,442 shares of the company’s stock after selling 974 shares during the quarter. Quadrant Private Wealth Management LLC’s holdings in Cambria Shareholder Yield ETF were worth $236,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Smith Anglin Financial LLC raised its stake in Cambria Shareholder Yield ETF by 5.1% during the fourth quarter. Smith Anglin Financial LLC now owns 1,013,916 shares of the company’s stock worth $69,423,000 after purchasing an additional 49,214 shares during the period. Raymond James & Associates raised its stake in Cambria Shareholder Yield ETF by 1.0% during the third quarter. Raymond James & Associates now owns 677,193 shares of the company’s stock worth $49,008,000 after purchasing an additional 6,853 shares during the period. International Assets Investment Management LLC increased its position in shares of Cambria Shareholder Yield ETF by 6,961.6% during the third quarter. International Assets Investment Management LLC now owns 444,600 shares of the company’s stock valued at $321,760,000 after acquiring an additional 438,304 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Cambria Shareholder Yield ETF by 3.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 301,085 shares of the company’s stock valued at $20,615,000 after acquiring an additional 10,023 shares during the last quarter. Finally, ALM First Financial Advisors LLC increased its position in shares of Cambria Shareholder Yield ETF by 4.9% during the fourth quarter. ALM First Financial Advisors LLC now owns 209,767 shares of the company’s stock valued at $13,443,000 after acquiring an additional 9,767 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Up 0.5 %

Shares of SYLD opened at $69.56 on Friday. The firm has a market capitalization of $1.19 billion, a PE ratio of 7.91 and a beta of 0.89. The company’s fifty day moving average is $69.83 and its 200-day moving average is $70.93.

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.