MML Investors Services LLC Has $2.43 Million Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

MML Investors Services LLC grew its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 14.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,550 shares of the company’s stock after purchasing an additional 4,286 shares during the quarter. MML Investors Services LLC’s holdings in Cambria Shareholder Yield ETF were worth $2,428,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Raymond James & Associates lifted its stake in Cambria Shareholder Yield ETF by 8.4% during the 2nd quarter. Raymond James & Associates now owns 670,340 shares of the company’s stock valued at $45,771,000 after acquiring an additional 51,776 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Cambria Shareholder Yield ETF by 13.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 209,956 shares of the company’s stock worth $14,336,000 after buying an additional 25,343 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Cambria Shareholder Yield ETF by 4.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 36,405 shares of the company’s stock worth $2,486,000 after buying an additional 1,656 shares during the last quarter. TFG Advisers LLC grew its holdings in shares of Cambria Shareholder Yield ETF by 3.9% in the second quarter. TFG Advisers LLC now owns 11,916 shares of the company’s stock valued at $814,000 after acquiring an additional 443 shares in the last quarter. Finally, Atomi Financial Group Inc. increased its position in shares of Cambria Shareholder Yield ETF by 51.8% during the second quarter. Atomi Financial Group Inc. now owns 100,434 shares of the company’s stock valued at $6,858,000 after acquiring an additional 34,262 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

SYLD stock opened at $72.02 on Monday. The stock has a market capitalization of $1.23 billion, a PE ratio of 7.91 and a beta of 0.89. The stock has a fifty day simple moving average of $73.03 and a two-hundred day simple moving average of $70.87.

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.