International Assets Investment Management LLC Sells 439,021 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

International Assets Investment Management LLC cut its position in Cambria Shareholder Yield ETF (BATS:SYLD) by 98.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,579 shares of the company’s stock after selling 439,021 shares during the period. International Assets Investment Management LLC’s holdings in Cambria Shareholder Yield ETF were worth $381,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC bought a new position in shares of Cambria Shareholder Yield ETF in the second quarter valued at $68,000. Cowa LLC bought a new stake in shares of Cambria Shareholder Yield ETF during the 2nd quarter worth $300,000. First National Bank Sioux Falls acquired a new stake in shares of Cambria Shareholder Yield ETF during the 3rd quarter valued at $365,000. Pinnacle Financial Partners Inc bought a new position in shares of Cambria Shareholder Yield ETF during the third quarter valued at $412,000. Finally, AE Wealth Management LLC lifted its position in shares of Cambria Shareholder Yield ETF by 80.2% in the 2nd quarter. AE Wealth Management LLC now owns 6,292 shares of the company’s stock worth $430,000 after purchasing an additional 2,801 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD opened at $67.27 on Friday. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 7.91 and a beta of 0.89. The firm has a 50-day simple moving average of $71.87 and a 200 day simple moving average of $70.85.

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.