Sherman Wealth Management LLC Purchases New Stake in Cambria Shareholder Yield ETF $SYLD

Sherman Wealth Management LLC acquired a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,507 shares of the company’s stock, valued at approximately $1,495,000. Cambria Shareholder Yield ETF comprises 1.3% of Sherman Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other large investors also recently added to or reduced their stakes in SYLD. Revolve Wealth Partners LLC grew its position in shares of Cambria Shareholder Yield ETF by 3.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 301,085 shares of the company’s stock worth $20,615,000 after buying an additional 10,023 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in Cambria Shareholder Yield ETF by 8.3% in the second quarter. J.W. Cole Advisors Inc. now owns 20,865 shares of the company’s stock valued at $1,357,000 after buying an additional 1,595 shares during the period. VestGen Advisors LLC lifted its holdings in Cambria Shareholder Yield ETF by 69.1% in the second quarter. VestGen Advisors LLC now owns 311,389 shares of the company’s stock valued at $20,250,000 after buying an additional 127,237 shares during the period. Van Hulzen Asset Management LLC boosted its stake in Cambria Shareholder Yield ETF by 5.2% in the second quarter. Van Hulzen Asset Management LLC now owns 5,720 shares of the company’s stock valued at $372,000 after acquiring an additional 282 shares during the last quarter. Finally, Beacon Pointe Advisors LLC boosted its stake in Cambria Shareholder Yield ETF by 18.9% in the second quarter. Beacon Pointe Advisors LLC now owns 10,315 shares of the company’s stock valued at $671,000 after acquiring an additional 1,640 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

SYLD opened at $74.51 on Monday. The company has a fifty day moving average price of $75.22 and a two-hundred day moving average price of $71.36. The firm has a market capitalization of $1.07 billion, a PE ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 52 week low of $54.75 and a 52 week 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.