Northwestern Mutual Wealth Management Co. Has $3.51 Million Stock Position in Cambria Shareholder Yield ETF $SYLD

Northwestern Mutual Wealth Management Co. lowered its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 69.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 50,428 shares of the company’s stock after selling 113,966 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Cambria Shareholder Yield ETF were worth $3,506,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Allworth Financial LP grew its holdings in Cambria Shareholder Yield ETF by 30.8% in the 4th quarter. Allworth Financial LP now owns 1,277 shares of the company’s stock valued at $89,000 after buying an additional 301 shares during the last quarter. Summit Wealth & Retirement Planning Inc. grew its holdings in Cambria Shareholder Yield ETF by 2.2% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 20,860 shares of the company’s stock valued at $1,450,000 after buying an additional 452 shares during the last quarter. Sigma Planning Corp grew its holdings in Cambria Shareholder Yield ETF by 2.9% in the 4th quarter. Sigma Planning Corp now owns 24,245 shares of the company’s stock valued at $1,685,000 after buying an additional 692 shares during the last quarter. Laurel Wealth Advisors LLC grew its holdings in Cambria Shareholder Yield ETF by 2.8% in the 4th quarter. Laurel Wealth Advisors LLC now owns 29,107 shares of the company’s stock valued at $2,024,000 after buying an additional 800 shares during the last quarter. Finally, Pure Portfolios Holdings LLC grew its holdings in Cambria Shareholder Yield ETF by 2.3% in the 4th quarter. Pure Portfolios Holdings LLC now owns 32,395 shares of the company’s stock valued at $2,252,000 after buying an additional 719 shares during the last quarter.

Cambria Shareholder Yield ETF Price Performance

SYLD opened at $78.80 on Monday. The firm has a market capitalization of $1.13 billion, a P/E ratio of 11.01 and a beta of 1.04. The stock’s 50 day moving average price is $76.70 and its two-hundred day moving average price is $73.82. Cambria Shareholder Yield ETF has a 12-month low of $62.20 and a 12-month high of $79.80.

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.