MML Investors Services LLC Purchases 4,286 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

MML Investors Services LLC increased its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 14.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,550 shares of the company’s stock after purchasing an additional 4,286 shares during the quarter. MML Investors Services LLC owned approximately 0.20% of Cambria Shareholder Yield ETF worth $2,428,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SYLD. International Assets Investment Management LLC lifted its position in shares of Cambria Shareholder Yield ETF by 6,961.6% during the 3rd quarter. International Assets Investment Management LLC now owns 444,600 shares of the company’s stock worth $321,760,000 after buying an additional 438,304 shares during the period. Rothschild Investment LLC acquired a new position in Cambria Shareholder Yield ETF in the second quarter valued at about $11,727,000. LPL Financial LLC boosted its position in Cambria Shareholder Yield ETF by 16.8% in the second quarter. LPL Financial LLC now owns 740,220 shares of the company’s stock valued at $50,542,000 after buying an additional 106,241 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Cambria Shareholder Yield ETF during the second quarter worth approximately $4,247,000. Finally, Raymond James & Associates raised its stake in shares of Cambria Shareholder Yield ETF by 8.4% in the second quarter. Raymond James & Associates now owns 670,340 shares of the company’s stock valued at $45,771,000 after acquiring an additional 51,776 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

BATS SYLD opened at $72.02 on Monday. The stock’s 50 day simple moving average is $73.03 and its 200 day simple moving average is $70.87. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89.

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.