Royal Bank of Canada Has $5.06 Million Stock Holdings in Cambria Shareholder Yield ETF $SYLD

Royal Bank of Canada trimmed its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 14.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 67,059 shares of the company’s stock after selling 11,302 shares during the period. Royal Bank of Canada owned about 0.47% of Cambria Shareholder Yield ETF worth $5,057,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Raymond James Financial Inc. increased its position in shares of Cambria Shareholder Yield ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 534,253 shares of the company’s stock worth $36,682,000 after acquiring an additional 25,172 shares in the last quarter. Focus Partners Wealth lifted its position in Cambria Shareholder Yield ETF by 2.9% in the 4th quarter. Focus Partners Wealth now owns 362,046 shares of the company’s stock valued at $25,170,000 after acquiring an additional 10,291 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Cambria Shareholder Yield ETF by 3.4% in the 4th 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 in the last quarter. Compound Planning Inc. boosted its stake in Cambria Shareholder Yield ETF by 5.2% during the 4th quarter. Compound Planning Inc. now owns 277,809 shares of the company’s stock valued at $19,313,000 after purchasing an additional 13,825 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Cambria Shareholder Yield ETF by 5.0% during the 1st quarter. Cetera Investment Advisers now owns 250,789 shares of the company’s stock valued at $18,912,000 after purchasing an additional 11,989 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD opened at $85.28 on Thursday. The stock has a 50 day moving average price of $81.33 and a two-hundred day moving average price of $78.25. The firm has a market capitalization of $1.22 billion, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 52 week low of $65.26 and a 52 week high of $85.57.

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.