Genesis Wealth Advisors LLC Purchases New Position in Cambria Shareholder Yield ETF (BATS:SYLD)

Genesis Wealth Advisors LLC purchased a new stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,078 shares of the company’s stock, valued at approximately $416,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SYLD. Jane Street Group LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 201.3% in the 3rd quarter. Jane Street Group LLC now owns 26,384 shares of the company’s stock valued at $1,909,000 after purchasing an additional 17,627 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 11.1% in the 3rd quarter. HighTower Advisors LLC now owns 129,494 shares of the company’s stock valued at $9,376,000 after purchasing an additional 12,979 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 104.6% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 5,697 shares of the company’s stock valued at $390,000 after purchasing an additional 2,912 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Cambria Shareholder Yield ETF by 19.7% in the third quarter. Nations Financial Group Inc. IA ADV now owns 8,018 shares of the company’s stock worth $580,000 after buying an additional 1,321 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Cambria Shareholder Yield ETF by 5.8% in the third quarter. Rockefeller Capital Management L.P. now owns 77,374 shares of the company’s stock worth $5,600,000 after buying an additional 4,264 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

Shares of BATS SYLD opened at $67.93 on Monday. The business has a fifty day simple moving average of $69.47 and a 200 day simple moving average of $70.92. The stock has a market capitalization of $1.18 billion, a P/E ratio of 12.38 and a beta of 1.20.

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.