423,409 Shares in Cambria Shareholder Yield ETF (BATS:SYLD) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 423,409 shares of the company’s stock, valued at approximately $28,991,000. Raymond James Financial Inc. owned approximately 2.48% of Cambria Shareholder Yield ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SYLD. Jane Street Group LLC boosted its position 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 worth $1,909,000 after purchasing an additional 17,627 shares in the last quarter. World Investment Advisors LLC purchased a new stake in Cambria Shareholder Yield ETF in the third quarter valued at about $675,000. Brookstone Capital Management boosted its holdings in Cambria Shareholder Yield ETF by 2.9% in the fourth quarter. Brookstone Capital Management now owns 72,555 shares of the company’s stock worth $4,968,000 after acquiring an additional 2,021 shares in the last quarter. First National Bank Sioux Falls grew its stake in shares of Cambria Shareholder Yield ETF by 42.0% during the fourth quarter. First National Bank Sioux Falls now owns 7,162 shares of the company’s stock worth $490,000 after acquiring an additional 2,120 shares during the last quarter. Finally, Breakwater Capital Group increased its holdings in shares of Cambria Shareholder Yield ETF by 1.4% during the fourth quarter. Breakwater Capital Group now owns 118,541 shares of the company’s stock valued at $8,116,000 after acquiring an additional 1,617 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Down 15.3 %

Shares of Cambria Shareholder Yield ETF stock opened at $58.62 on Friday. Cambria Shareholder Yield ETF has a 52 week low of $54.75 and a 52 week high of $76.95. The company has a 50 day moving average price of $64.12 and a 200 day moving average price of $68.93. The firm has a market capitalization of $929.14 million, a P/E ratio of 10.11 and a beta of 1.09.

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.