Compass Ion Advisors LLC Has $2.43 Million Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Compass Ion Advisors LLC boosted its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 0.5% in the first quarter, Holdings Channel reports. The firm owned 33,225 shares of the company’s stock after purchasing an additional 159 shares during the quarter. Compass Ion Advisors LLC’s holdings in Cambria Shareholder Yield ETF were worth $2,434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ancora Advisors LLC raised its position in Cambria Shareholder Yield ETF by 50.0% during the third quarter. Ancora Advisors LLC now owns 600 shares of the company’s stock worth $37,000 after acquiring an additional 200 shares in the last quarter. Evermay Wealth Management LLC bought a new position in Cambria Shareholder Yield ETF during the fourth quarter worth about $47,000. CENTRAL TRUST Co bought a new stake in Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $51,000. Parkside Financial Bank & Trust acquired a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $68,000. Finally, Assetmark Inc. bought a new position in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $130,000.

Cambria Shareholder Yield ETF Trading Up 0.7 %

SYLD opened at $68.28 on Monday. The firm has a fifty day simple moving average of $69.52 and a two-hundred day simple moving average of $69.12. The company has a market cap of $1.17 billion, a PE 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.