Genesis Wealth Advisors LLC Invests $416,000 in Cambria Shareholder Yield ETF (BATS:SYLD)

Genesis Wealth Advisors LLC acquired a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,078 shares of the company’s stock, valued at approximately $416,000.

Other large investors have also modified their holdings of the company. Heck Capital Advisors LLC purchased a new position in Cambria Shareholder Yield ETF in the fourth quarter valued at $6,057,000. Janney Montgomery Scott LLC increased its holdings in Cambria Shareholder Yield ETF by 675.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 69,492 shares of the company’s stock valued at $4,758,000 after buying an additional 60,527 shares during the last quarter. Valued Retirements Inc. purchased a new position in shares of Cambria Shareholder Yield ETF during the third quarter worth about $3,612,000. Smith Anglin Financial LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 5.1% during the fourth quarter. Smith Anglin Financial LLC now owns 1,013,916 shares of the company’s stock worth $69,423,000 after purchasing an additional 49,214 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its holdings in shares of Cambria Shareholder Yield ETF by 33.4% during the fourth quarter. Atomi Financial Group Inc. now owns 186,331 shares of the company’s stock worth $12,758,000 after purchasing an additional 46,702 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

Shares of SYLD stock opened at $67.93 on Monday. The business’s 50-day moving average price is $69.47 and its 200-day moving average price is $70.92. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 12.38 and a beta of 1.20.

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.