MONECO Advisors LLC Decreases Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

MONECO Advisors LLC reduced its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 10.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,775 shares of the company’s stock after selling 16,355 shares during the period. Cambria Shareholder Yield ETF makes up 1.0% of MONECO Advisors LLC’s holdings, making the stock its 23rd biggest position. MONECO Advisors LLC owned 0.83% of Cambria Shareholder Yield ETF worth $9,707,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Smith Anglin Financial LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 5.1% in the fourth quarter. Smith Anglin Financial LLC now owns 1,013,916 shares of the company’s stock worth $69,423,000 after buying an additional 49,214 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 301,085 shares of the company’s stock worth $20,615,000 after buying an additional 10,023 shares in the last quarter. ALM First Financial Advisors LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 4.9% in the fourth quarter. ALM First Financial Advisors LLC now owns 209,767 shares of the company’s stock worth $13,443,000 after buying an additional 9,767 shares in the last quarter. Atomi Financial Group Inc. lifted its stake in shares of Cambria Shareholder Yield ETF by 33.4% in the fourth quarter. Atomi Financial Group Inc. now owns 186,331 shares of the company’s stock worth $12,758,000 after buying an additional 46,702 shares in the last quarter. Finally, Verum Partners LLC increased its position in Cambria Shareholder Yield ETF by 9.2% during the fourth quarter. Verum Partners LLC now owns 184,217 shares of the company’s stock worth $12,613,000 after purchasing an additional 15,464 shares during the last quarter.

Cambria Shareholder Yield ETF Trading Down 1.9 %

Cambria Shareholder Yield ETF stock opened at $67.93 on Friday. The firm has a market capitalization of $1.18 billion, a PE ratio of 12.38 and a beta of 1.20. The stock’s 50-day moving average price is $69.47 and its 200-day moving average price is $70.90.

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.