Laurel Wealth Advisors LLC Has $1.94 Million Stake in Cambria Shareholder Yield ETF $SYLD

Laurel Wealth Advisors LLC reduced its position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 98.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,307 shares of the company’s stock after selling 1,716,578 shares during the period. Laurel Wealth Advisors LLC owned about 0.20% of Cambria Shareholder Yield ETF worth $1,944,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Van Hulzen Asset Management LLC raised its position in Cambria Shareholder Yield ETF by 5.2% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 5,720 shares of the company’s stock valued at $372,000 after buying an additional 282 shares during the last quarter. Root Financial Partners LLC acquired a new position in Cambria Shareholder Yield ETF during the 3rd quarter worth approximately $30,000. Pure Portfolios Holdings LLC grew its stake in shares of Cambria Shareholder Yield ETF by 1.4% during the 3rd quarter. Pure Portfolios Holdings LLC now owns 31,676 shares of the company’s stock worth $2,175,000 after acquiring an additional 439 shares in the last quarter. Meridian Wealth Management LLC raised its holdings in shares of Cambria Shareholder Yield ETF by 3.1% in the second quarter. Meridian Wealth Management LLC now owns 14,860 shares of the company’s stock valued at $966,000 after purchasing an additional 443 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Cambria Shareholder Yield ETF by 3.4% in the third quarter. J.W. Cole Advisors Inc. now owns 21,573 shares of the company’s stock worth $1,481,000 after purchasing an additional 708 shares in the last quarter.

Cambria Shareholder Yield ETF Trading Down 0.7%

Shares of SYLD opened at $76.12 on Monday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 12 month low of $54.75 and a 12 month high of $78.95. The firm has a fifty day simple moving average of $74.02 and a 200 day simple moving average of $70.58.

Cambria Shareholder Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were issued a $0.1984 dividend. The ex-dividend date was Thursday, December 18th. This represents a $0.79 annualized dividend and a dividend yield of 1.0%.

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.