Tcfg Wealth Management LLC Increases Position in Cambria Shareholder Yield ETF $SYLD

Tcfg Wealth Management LLC lifted its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 5,875.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 242,719 shares of the company’s stock after purchasing an additional 238,657 shares during the period. Cambria Shareholder Yield ETF makes up 1.4% of Tcfg Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Tcfg Wealth Management LLC owned 1.69% of Cambria Shareholder Yield ETF worth $16,665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new position in Cambria Shareholder Yield ETF in the third quarter valued at about $30,000. Wealth Watch Advisors INC purchased a new stake in shares of Cambria Shareholder Yield ETF during the 3rd quarter worth approximately $96,000. Optiver Holding B.V. purchased a new stake in shares of Cambria Shareholder Yield ETF during the 3rd quarter worth approximately $117,000. Optivise Advisory Services LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the 3rd quarter worth approximately $202,000. Finally, Joseph P. Lucia & Associates LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the 3rd quarter worth approximately $205,000.

Cambria Shareholder Yield ETF Price Performance

BATS SYLD opened at $74.15 on Wednesday. The business has a 50 day moving average price of $75.07 and a 200 day moving average price of $71.11. The company has a market capitalization of $1.06 billion, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 1-year low of $54.75 and a 1-year high of $78.95.

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.