DKM Wealth Management Inc. Takes $11.45 Million Position in Cambria Shareholder Yield ETF (BATS:SYLD)

DKM Wealth Management Inc. purchased a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 167,182 shares of the company’s stock, valued at approximately $11,447,000. Cambria Shareholder Yield ETF makes up about 10.9% of DKM Wealth Management Inc.’s holdings, making the stock its 4th largest position. DKM Wealth Management Inc. owned about 0.98% of Cambria Shareholder Yield ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SYLD. Rockefeller Capital Management L.P. raised its position in Cambria Shareholder Yield ETF by 5.8% in the third quarter. Rockefeller Capital Management L.P. now owns 77,374 shares of the company’s stock worth $5,600,000 after acquiring an additional 4,264 shares in the last quarter. HighTower Advisors LLC grew its position in Cambria Shareholder Yield ETF by 11.1% during the third quarter. HighTower Advisors LLC now owns 129,494 shares of the company’s stock valued at $9,376,000 after acquiring an additional 12,979 shares during the period. Stifel Financial Corp lifted its holdings in shares of Cambria Shareholder Yield ETF by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 82,227 shares of the company’s stock valued at $5,951,000 after acquiring an additional 7,501 shares in the last quarter. Jane Street Group LLC boosted its holdings in Cambria Shareholder Yield ETF by 201.3% in the 3rd quarter. Jane Street Group LLC now owns 26,384 shares of the company’s stock worth $1,909,000 after acquiring an additional 17,627 shares during the period. Finally, Zega Financial LLC acquired a new stake in shares of Cambria Shareholder Yield ETF during the third quarter valued at about $573,000.

Cambria Shareholder Yield ETF Price Performance

Cambria Shareholder Yield ETF stock opened at $64.17 on Wednesday. The company has a fifty day moving average price of $67.37 and a two-hundred day moving average price of $70.14. The company has a market cap of $1.08 billion, a PE ratio of 10.93 and a beta of 1.21. Cambria Shareholder Yield ETF has a 12 month low of $62.45 and a 12 month high of $76.95.

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.