MONECO Advisors LLC Buys 15,124 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

MONECO Advisors LLC grew its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 20.3% during the fourth quarter, Holdings Channel reports. The firm owned 89,573 shares of the company’s stock after purchasing an additional 15,124 shares during the period. Cambria Shareholder Yield ETF makes up approximately 1.2% of MONECO Advisors LLC’s portfolio, making the stock its 15th largest position. MONECO Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $6,052,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Truist Financial Corp increased its position in shares of Cambria Shareholder Yield ETF by 3.6% during the fourth quarter. Truist Financial Corp now owns 31,954 shares of the company’s stock valued at $2,159,000 after acquiring an additional 1,116 shares during the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of Cambria Shareholder Yield ETF during the fourth quarter valued at approximately $68,000. CWM LLC increased its position in shares of Cambria Shareholder Yield ETF by 34.0% during the fourth quarter. CWM LLC now owns 76,088 shares of the company’s stock valued at $5,141,000 after acquiring an additional 19,300 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in shares of Cambria Shareholder Yield ETF by 7.5% during the fourth quarter. J.W. Cole Advisors Inc. now owns 16,256 shares of the company’s stock valued at $1,098,000 after acquiring an additional 1,131 shares during the last quarter. Finally, Opus Capital Group LLC increased its position in shares of Cambria Shareholder Yield ETF by 2.9% during the fourth quarter. Opus Capital Group LLC now owns 197,635 shares of the company’s stock valued at $13,354,000 after acquiring an additional 5,542 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD traded down $1.73 on Tuesday, reaching $68.91. 99,030 shares of the company’s stock traded hands. The firm has a market capitalization of $1.18 billion, a PE ratio of 7.91 and a beta of 0.89. The business has a 50-day moving average price of $70.64 and a 200 day moving average price of $66.62.

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.