MONECO Advisors LLC Sells 17,187 Shares of Cambria Shareholder Yield ETF $SYLD

MONECO Advisors LLC decreased its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 16.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,293 shares of the company’s stock after selling 17,187 shares during the period. MONECO Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $5,856,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sagespring Wealth Partners LLC raised its stake in shares of Cambria Shareholder Yield ETF by 4.7% in the second quarter. Sagespring Wealth Partners LLC now owns 4,038 shares of the company’s stock valued at $263,000 after buying an additional 181 shares during the period. IFP Advisors Inc grew its stake in shares of Cambria Shareholder Yield ETF by 17.4% during the 2nd quarter. IFP Advisors Inc now owns 1,843 shares of the company’s stock worth $120,000 after acquiring an additional 273 shares during the period. Van Hulzen Asset Management LLC increased its holdings in Cambria Shareholder Yield ETF by 5.2% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 5,720 shares of the company’s stock worth $372,000 after acquiring an additional 282 shares during the last quarter. Root Financial Partners LLC bought a new stake in Cambria Shareholder Yield ETF in the 3rd quarter valued at about $30,000. Finally, Pure Portfolios Holdings LLC raised its stake in Cambria Shareholder Yield ETF by 1.4% in the 3rd quarter. Pure Portfolios Holdings LLC now owns 31,676 shares of the company’s stock valued at $2,175,000 after acquiring an additional 439 shares during the period.

Cambria Shareholder Yield ETF Stock Up 9.8%

Shares of BATS:SYLD opened at $76.01 on Friday. The firm has a market capitalization of $1.09 billion, a PE ratio of 11.01 and a beta of 1.04. The company has a 50-day moving average price of $71.89 and a two-hundred day moving average price of $69.28. Cambria Shareholder Yield ETF has a twelve month low of $54.75 and a twelve month high of $76.95.

Cambria Shareholder Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were issued a $0.1984 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.79 annualized dividend and a yield of 1.0%.

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.