Ashton Thomas Private Wealth LLC Acquires New Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Ashton Thomas Private Wealth LLC bought a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 989 shares of the company’s stock, valued at approximately $68,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smith Anglin Financial LLC grew its holdings in Cambria Shareholder Yield ETF by 4.6% in the 2nd quarter. Smith Anglin Financial LLC now owns 922,338 shares of the company’s stock valued at $62,977,000 after buying an additional 40,923 shares during the period. Raymond James & Associates raised its stake in Cambria Shareholder Yield ETF by 8.4% during the second quarter. Raymond James & Associates now owns 670,340 shares of the company’s stock worth $45,771,000 after purchasing an additional 51,776 shares during the period. Manchester Financial Inc. boosted its holdings in shares of Cambria Shareholder Yield ETF by 4.0% in the 2nd quarter. Manchester Financial Inc. now owns 345,832 shares of the company’s stock valued at $23,613,000 after purchasing an additional 13,406 shares during the last quarter. UBS Group AG grew its stake in shares of Cambria Shareholder Yield ETF by 32.0% during the 4th quarter. UBS Group AG now owns 315,779 shares of the company’s stock valued at $21,337,000 after buying an additional 76,610 shares during the period. Finally, Revolve Wealth Partners LLC increased its holdings in shares of Cambria Shareholder Yield ETF by 4.9% during the 2nd quarter. Revolve Wealth Partners LLC now owns 283,173 shares of the company’s stock worth $19,335,000 after buying an additional 13,218 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Up 1.9 %

BATS SYLD opened at $69.52 on Friday. The firm has a market cap of $1.19 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The company has a fifty day moving average price of $69.70 and a 200-day moving average price of $69.92.

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.