Breakwater Capital Group Has $8.12 Million Stake in Cambria Shareholder Yield ETF (BATS:SYLD)

Breakwater Capital Group increased its stake in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 118,541 shares of the company’s stock after purchasing an additional 1,617 shares during the quarter. Cambria Shareholder Yield ETF makes up approximately 1.6% of Breakwater Capital Group’s portfolio, making the stock its 12th largest position. Breakwater Capital Group owned about 0.69% of Cambria Shareholder Yield ETF worth $8,116,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cowa LLC purchased a new stake in shares of Cambria Shareholder Yield ETF during the 2nd quarter worth about $300,000. First National Bank Sioux Falls bought a new position in Cambria Shareholder Yield ETF during the third quarter valued at approximately $365,000. Pinnacle Financial Partners Inc acquired a new stake in Cambria Shareholder Yield ETF in the third quarter valued at approximately $412,000. AE Wealth Management LLC grew its position in Cambria Shareholder Yield ETF by 80.2% in the second quarter. AE Wealth Management LLC now owns 6,292 shares of the company’s stock worth $430,000 after acquiring an additional 2,801 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its position in Cambria Shareholder Yield ETF by 22.9% in the third quarter. Koshinski Asset Management Inc. now owns 6,182 shares of the company’s stock worth $447,000 after acquiring an additional 1,150 shares in the last quarter.

Cambria Shareholder Yield ETF Stock Up 1.6 %

Cambria Shareholder Yield ETF stock opened at $68.35 on Tuesday. The firm’s fifty day simple moving average is $71.82 and its two-hundred day simple moving average is $70.87. The company has a market cap of $1.17 billion, a P/E ratio of 7.91 and a beta of 0.89.

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.