Compound Planning Inc. Sells 76,425 Shares of Cambria Shareholder Yield ETF $SYLD

Compound Planning Inc. trimmed its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 27.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 201,384 shares of the company’s stock after selling 76,425 shares during the period. Compound Planning Inc.’s holdings in Cambria Shareholder Yield ETF were worth $15,186,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SYLD. Revolve Wealth Partners LLC lifted its position in Cambria Shareholder Yield ETF by 3.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 301,085 shares of the company’s stock worth $20,615,000 after buying an additional 10,023 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Cambria Shareholder Yield ETF by 5.1% during the second quarter. Raymond James Financial Inc. now owns 509,081 shares of the company’s stock worth $33,106,000 after buying an additional 24,905 shares during the period. Corient Private Wealth LLC bought a new position in Cambria Shareholder Yield ETF during the second quarter valued at $359,000. Blair William & Co. IL bought a new position in Cambria Shareholder Yield ETF during the third quarter valued at $218,000. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Cambria Shareholder Yield ETF in the third quarter valued at $96,000.

Cambria Shareholder Yield ETF Trading Down 1.2%

Shares of SYLD opened at $82.12 on Friday. The company’s fifty day simple moving average is $79.63 and its 200-day simple moving average is $77.12. The company has a market cap of $1.18 billion, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a twelve month low of $63.40 and a twelve month high of $83.94.

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.