Truist Financial Corp Increases Position in Cambria Shareholder Yield ETF (BATS:SYLD)

Truist Financial Corp grew its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 0.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 40,870 shares of the company’s stock after buying an additional 331 shares during the period. Truist Financial Corp owned 0.24% of Cambria Shareholder Yield ETF worth $2,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cowa LLC raised its holdings in Cambria Shareholder Yield ETF by 4.5% during the third quarter. Cowa LLC now owns 4,597 shares of the company’s stock worth $333,000 after purchasing an additional 200 shares in the last quarter. Hubbell Strickland Wealth Management LLC increased its holdings in Cambria Shareholder Yield ETF by 6.1% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock valued at $246,000 after buying an additional 206 shares in the last quarter. Certified Advisory Corp increased its holdings in Cambria Shareholder Yield ETF by 0.5% in the fourth quarter. Certified Advisory Corp now owns 70,837 shares of the company’s stock valued at $4,850,000 after buying an additional 347 shares in the last quarter. Allworth Financial LP purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at about $27,000. Finally, Sanctuary Advisors LLC grew its position in shares of Cambria Shareholder Yield ETF by 2.1% in the fourth quarter. Sanctuary Advisors LLC now owns 23,066 shares of the company’s stock valued at $1,643,000 after purchasing an additional 472 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Down 1.6 %

SYLD stock opened at $68.16 on Wednesday. The firm has a 50 day simple moving average of $69.40 and a 200 day simple moving average of $70.95. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 12.38 and a beta of 1.20.

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.