Intellus Advisors LLC Trims Holdings in Cambria Shareholder Yield ETF $SYLD

Intellus Advisors LLC lowered its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 3.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 352,177 shares of the company’s stock after selling 13,576 shares during the quarter. Cambria Shareholder Yield ETF accounts for about 3.2% of Intellus Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Intellus Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $24,483,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SYLD. Tcfg Wealth Management LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 5,875.4% during the 3rd quarter. Tcfg Wealth Management LLC now owns 242,719 shares of the company’s stock valued at $16,665,000 after purchasing an additional 238,657 shares during the last quarter. Verum Partners LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 17.8% during the 4th quarter. Verum Partners LLC now owns 223,117 shares of the company’s stock valued at $15,511,000 after purchasing an additional 33,671 shares during the last quarter. United Advisor Group LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 88.2% during the 4th quarter. United Advisor Group LLC now owns 61,293 shares of the company’s stock valued at $4,261,000 after purchasing an additional 28,723 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of Cambria Shareholder Yield ETF by 11.5% during the 3rd quarter. Compound Planning Inc. now owns 263,984 shares of the company’s stock valued at $18,125,000 after purchasing an additional 27,274 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in Cambria Shareholder Yield ETF by 4.9% during the 3rd 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 during the last quarter.

Cambria Shareholder Yield ETF Price Performance

SYLD opened at $78.30 on Friday. The stock’s 50 day simple moving average is $76.61 and its 200 day simple moving average is $73.74. Cambria Shareholder Yield ETF has a 1 year low of $62.20 and a 1 year high of $79.80. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.

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.