Parkside Financial Bank & Trust Purchases New Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Parkside Financial Bank & Trust purchased a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 1,000 shares of the company’s stock, valued at approximately $68,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Beacon Financial Advisory LLC grew its position in Cambria Shareholder Yield ETF by 4.4% during the fourth quarter. Beacon Financial Advisory LLC now owns 4,167 shares of the company’s stock worth $282,000 after buying an additional 176 shares during the period. Ancora Advisors LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 50.0% in the 3rd quarter. Ancora Advisors LLC now owns 600 shares of the company’s stock worth $37,000 after acquiring an additional 200 shares during the period. James Investment Research Inc. grew its holdings in shares of Cambria Shareholder Yield ETF by 5.9% in the 3rd quarter. James Investment Research Inc. now owns 3,750 shares of the company’s stock worth $232,000 after acquiring an additional 208 shares during the period. Van Hulzen Asset Management LLC increased its stake in Cambria Shareholder Yield ETF by 7.3% in the 3rd quarter. Van Hulzen Asset Management LLC now owns 3,904 shares of the company’s stock valued at $242,000 after purchasing an additional 267 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its holdings in Cambria Shareholder Yield ETF by 8.6% during the third quarter. Ausdal Financial Partners Inc. now owns 3,882 shares of the company’s stock worth $240,000 after purchasing an additional 306 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

SYLD opened at $70.16 on Friday. The stock has a market capitalization of $1.20 billion, a P/E ratio of 7.91 and a beta of 0.91. The business’s 50 day moving average price is $70.54 and its two-hundred day moving average price is $66.41.

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.