Ritholtz Wealth Management Makes New Investment in Cambria Shareholder Yield ETF $SYLD

Ritholtz Wealth Management bought a new stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 43,170 shares of the company’s stock, valued at approximately $3,255,000. Ritholtz Wealth Management owned approximately 0.30% of Cambria Shareholder Yield ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SYLD. Brookstone Capital Management lifted its stake in shares of Cambria Shareholder Yield ETF by 4.6% during the 1st quarter. Brookstone Capital Management now owns 122,713 shares of the company’s stock worth $9,254,000 after purchasing an additional 5,346 shares during the last quarter. RFG Holdings Inc. purchased a new position in Cambria Shareholder Yield ETF in the first quarter valued at about $203,000. Rockefeller Capital Management L.P. grew its stake in Cambria Shareholder Yield ETF by 102.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 24,272 shares of the company’s stock valued at $1,687,000 after purchasing an additional 12,272 shares during the last quarter. World Investment Advisors bought a new position in Cambria Shareholder Yield ETF in the fourth quarter worth about $336,000. Finally, Compound Planning Inc. raised its holdings in Cambria Shareholder Yield ETF by 5.2% in the fourth quarter. Compound Planning Inc. now owns 277,809 shares of the company’s stock worth $19,313,000 after purchasing an additional 13,825 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Performance

SYLD stock opened at $80.21 on Friday. Cambria Shareholder Yield ETF has a one year low of $63.40 and a one year high of $81.27. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04. The firm has a 50-day simple moving average of $78.66 and a two-hundred day simple moving average of $75.68.

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.