Cauble & Harre Wealth Management Inc. Makes New $1.23 Million Investment in Cambria Shareholder Yield ETF $SYLD

Cauble & Harre Wealth Management Inc. acquired a new position in Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,675 shares of the company’s stock, valued at approximately $1,229,000. Cambria Shareholder Yield ETF makes up approximately 1.0% of Cauble & Harre Wealth Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Cauble & Harre Wealth Management Inc. owned approximately 0.12% of Cambria Shareholder Yield ETF at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Physician Wealth Advisors Inc. increased its stake in shares of Cambria Shareholder Yield ETF by 3.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 4,788 shares of the company’s stock valued at $333,000 after purchasing an additional 143 shares in the last quarter. DAVENPORT & Co LLC increased its stake in shares of Cambria Shareholder Yield ETF by 3.5% during the fourth quarter. DAVENPORT & Co LLC now owns 4,388 shares of the company’s stock valued at $305,000 after purchasing an additional 150 shares in the last quarter. Allworth Financial LP increased its stake in shares of Cambria Shareholder Yield ETF by 30.8% during the fourth quarter. Allworth Financial LP now owns 1,277 shares of the company’s stock valued at $89,000 after purchasing an additional 301 shares in the last quarter. Sound Income Strategies LLC increased its stake in shares of Cambria Shareholder Yield ETF by 33,500.0% during the fourth quarter. Sound Income Strategies LLC now owns 336 shares of the company’s stock valued at $25,000 after purchasing an additional 335 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Cambria Shareholder Yield ETF during the third quarter valued at approximately $30,000.

Cambria Shareholder Yield ETF Stock Performance

Shares of BATS SYLD opened at $77.06 on Friday. Cambria Shareholder Yield ETF has a fifty-two week low of $62.20 and a fifty-two week high of $79.80. The company has a 50 day simple moving average of $76.37 and a two-hundred day simple moving average of $73.41. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 11.01 and a beta of 1.04.

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.