Oppenheimer & Co. Inc. Sells 2,700 Shares of Cambria Shareholder Yield ETF (BATS:SYLD)

Oppenheimer & Co. Inc. reduced its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,942 shares of the company’s stock after selling 2,700 shares during the period. Oppenheimer & Co. Inc.’s holdings in Cambria Shareholder Yield ETF were worth $1,297,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Cowa LLC increased its stake in shares of Cambria Shareholder Yield ETF by 4.5% during the third quarter. Cowa LLC now owns 4,597 shares of the company’s stock valued at $333,000 after purchasing an additional 200 shares in the last quarter. Hubbell Strickland Wealth Management LLC increased its stake in shares of Cambria Shareholder Yield ETF by 6.1% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock valued at $246,000 after purchasing an additional 206 shares in the last quarter. Truist Financial Corp increased its stake in shares of Cambria Shareholder Yield ETF by 0.8% during the fourth quarter. Truist Financial Corp now owns 40,870 shares of the company’s stock valued at $2,798,000 after purchasing an additional 331 shares in the last quarter. Certified Advisory Corp increased its stake in shares of Cambria Shareholder Yield ETF by 0.5% during the fourth quarter. Certified Advisory Corp now owns 70,837 shares of the company’s stock valued at $4,850,000 after purchasing an additional 347 shares in the last quarter. Finally, Allworth Financial LP bought a new position in shares of Cambria Shareholder Yield ETF during the fourth quarter valued at approximately $27,000.

Cambria Shareholder Yield ETF Stock Down 6.9 %

Shares of SYLD opened at $64.48 on Wednesday. The company has a market capitalization of $1.12 billion, a P/E ratio of 12.38 and a beta of 1.20. The firm’s fifty day moving average price is $69.10 and its 200 day moving average price is $70.87.

Cambria Shareholder Yield ETF 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.