Meridian Financial LLC Decreases Stock Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Meridian Financial LLC lowered its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 4.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 13,645 shares of the company’s stock after selling 680 shares during the quarter. Meridian Financial LLC’s holdings in Cambria Shareholder Yield ETF were worth $934,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TFG Advisers LLC lifted its position in shares of Cambria Shareholder Yield ETF by 1.2% during the third quarter. TFG Advisers LLC now owns 12,063 shares of the company’s stock valued at $873,000 after buying an additional 147 shares during the last quarter. Longview Financial Advisors Inc. raised its stake in shares of Cambria Shareholder Yield ETF by 0.6% during the 3rd quarter. Longview Financial Advisors Inc. now owns 26,884 shares of the company’s stock worth $1,817,000 after acquiring an additional 162 shares in the last quarter. Cowa LLC raised its stake in shares of Cambria Shareholder Yield ETF by 4.5% during the 3rd quarter. Cowa LLC now owns 4,597 shares of the company’s stock worth $333,000 after acquiring an additional 200 shares in the last quarter. Hubbell Strickland Wealth Management LLC lifted its position in Cambria Shareholder Yield ETF by 6.1% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock valued at $246,000 after acquiring an additional 206 shares during the last quarter. Finally, Certified Advisory Corp boosted its stake 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 acquiring an additional 347 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Up 2.2 %

BATS SYLD opened at $70.77 on Friday. The business has a 50-day moving average price of $71.53 and a two-hundred day moving average price of $70.89. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89.

Cambria Shareholder Yield ETF Company 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.