Oppenheimer & Co. Inc. Has $1.57 Million Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Oppenheimer & Co. Inc. increased its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,642 shares of the company’s stock after purchasing an additional 585 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cambria Shareholder Yield ETF were worth $1,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SYLD. Financial Gravity Asset Management Inc. bought a new position in Cambria Shareholder Yield ETF in the 2nd quarter valued at $60,000. Ashton Thomas Private Wealth LLC bought a new position in Cambria Shareholder Yield ETF in the second quarter valued at about $68,000. Hubbell Strickland Wealth Management LLC increased its position in Cambria Shareholder Yield ETF by 7.5% in the second quarter. Hubbell Strickland Wealth Management LLC now owns 3,352 shares of the company’s stock worth $229,000 after purchasing an additional 233 shares during the period. Sentinel Pension Advisors Inc. bought a new stake in Cambria Shareholder Yield ETF during the 1st quarter worth about $230,000. Finally, Comerica Bank lifted its position in Cambria Shareholder Yield ETF by 61.0% during the 1st quarter. Comerica Bank now owns 3,702 shares of the company’s stock valued at $271,000 after purchasing an additional 1,403 shares during the period.

Cambria Shareholder Yield ETF Stock Performance

Shares of BATS:SYLD opened at $73.10 on Monday. The firm has a market cap of $1.25 billion, a PE ratio of 7.91 and a beta of 0.89. The business’s 50 day simple moving average is $71.64 and its 200 day simple moving average is $70.28.

About Cambria Shareholder Yield ETF

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.