Wealth Management Partners LLC Grows Holdings in Cambria Shareholder Yield ETF (BATS:SYLD)

Wealth Management Partners LLC increased its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 28.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,393 shares of the company’s stock after acquiring an additional 1,850 shares during the period. Wealth Management Partners LLC’s holdings in Cambria Shareholder Yield ETF were worth $575,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SYLD. Godsey & Gibb Inc. purchased a new position in shares of Cambria Shareholder Yield ETF in the 4th quarter worth about $35,000. Hubbell Strickland Wealth Management LLC raised its holdings in Cambria Shareholder Yield ETF by 6.1% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock worth $246,000 after buying an additional 206 shares during the last quarter. Cowa LLC lifted its stake in shares of Cambria Shareholder Yield ETF by 4.5% in the third quarter. Cowa LLC now owns 4,597 shares of the company’s stock worth $333,000 after buying an additional 200 shares in the last quarter. First National Bank Sioux Falls purchased a new stake in shares of Cambria Shareholder Yield ETF during the third quarter valued at approximately $365,000. Finally, Pinnacle Financial Partners Inc bought a new stake in shares of Cambria Shareholder Yield ETF during the third quarter valued at approximately $412,000.

Cambria Shareholder Yield ETF Price Performance

SYLD stock opened at $70.77 on Monday. The company has a market cap of $1.21 billion, a PE ratio of 7.91 and a beta of 0.89. The company has a 50-day simple moving average of $71.53 and a 200 day simple moving average of $70.91.

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.