Wealth Enhancement Advisory Services LLC Has $2.70 Million Stock Position in Cambria Shareholder Yield ETF $SYLD

Wealth Enhancement Advisory Services LLC cut its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 21.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,360 shares of the company’s stock after selling 10,764 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.27% of Cambria Shareholder Yield ETF worth $2,701,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Laurel Wealth Advisors LLC grew its holdings in Cambria Shareholder Yield ETF by 6,498.9% in the second quarter. Laurel Wealth Advisors LLC now owns 1,744,885 shares of the company’s stock worth $113,470,000 after purchasing an additional 1,718,443 shares during the period. VestGen Advisors LLC increased its position in shares of Cambria Shareholder Yield ETF by 69.1% during the second quarter. VestGen Advisors LLC now owns 311,389 shares of the company’s stock worth $20,250,000 after acquiring an additional 127,237 shares in the last quarter. Atlas Wealth LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the 2nd quarter worth about $3,638,000. Revolve Wealth Partners LLC lifted its position in Cambria Shareholder Yield ETF by 11.0% in the 2nd quarter. Revolve Wealth Partners LLC now owns 366,072 shares of the company’s stock valued at $23,806,000 after acquiring an additional 36,327 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in Cambria Shareholder Yield ETF by 33.4% during the 2nd quarter. Brookstone Capital Management now owns 102,198 shares of the company’s stock valued at $6,646,000 after purchasing an additional 25,594 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Up 5.5%

SYLD stock opened at $73.04 on Thursday. The stock’s 50 day moving average is $71.06 and its 200-day moving average is $68.94. Cambria Shareholder Yield ETF has a twelve month low of $54.75 and a twelve month high of $76.95. The firm has a market capitalization of $1.05 billion, a PE ratio of 11.01 and a beta of 1.04.

Cambria Shareholder Yield ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were given a dividend of $0.1984 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.79 annualized dividend and a dividend yield of 1.1%.

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.