Waverly Advisors LLC Increases Stock Holdings in Cambria Shareholder Yield ETF $SYLD

Waverly Advisors LLC grew its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 562.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,181 shares of the company’s stock after purchasing an additional 35,812 shares during the quarter. Waverly Advisors LLC owned approximately 0.29% of Cambria Shareholder Yield ETF worth $3,181,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Ritholtz Wealth Management acquired a new position in shares of Cambria Shareholder Yield ETF during the 1st quarter worth about $3,255,000. Integrated Advisors Network LLC purchased a new stake in Cambria Shareholder Yield ETF during the 4th quarter worth approximately $2,709,000. United Advisor Group LLC increased its stake in 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 worth $4,261,000 after buying an additional 28,723 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Cambria Shareholder Yield ETF by 4.9% during the third quarter. Raymond James Financial Inc. now owns 534,253 shares of the company’s stock valued at $36,682,000 after acquiring an additional 25,172 shares during the last quarter. Finally, Wealth Care LLC acquired a new position in shares of Cambria Shareholder Yield ETF during the first quarter valued at approximately $1,475,000.

Cambria Shareholder Yield ETF Price Performance

BATS SYLD opened at $84.66 on Thursday. The stock’s 50 day simple moving average is $80.16 and its 200-day simple moving average is $77.46. The company has a market cap of $1.21 billion, a PE ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 1-year low of $63.40 and a 1-year high of $85.43.

Cambria Shareholder Yield ETF Company 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.