Cambria Shareholder Yield ETF $SYLD Stake Cut by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its holdings in Cambria Shareholder Yield ETF (BATS:SYLD) by 69.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. 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. owned about 0.35% of Cambria Shareholder Yield ETF worth $3,506,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SYLD. Sound Income Strategies LLC lifted its stake in Cambria Shareholder Yield ETF by 33,500.0% in the 4th quarter. Sound Income Strategies LLC now owns 336 shares of the company’s stock worth $25,000 after acquiring an additional 335 shares in the last quarter. Root Financial Partners LLC purchased a new stake in Cambria Shareholder Yield ETF in the 3rd quarter worth about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Cambria Shareholder Yield ETF in the 4th quarter worth about $42,000. Advisory Services Network LLC purchased a new stake in Cambria Shareholder Yield ETF in the 3rd quarter worth about $52,000. Finally, Allworth Financial LP purchased a new stake in Cambria Shareholder Yield ETF in the 3rd quarter worth about $67,000.

Cambria Shareholder Yield ETF Stock Performance

Shares of Cambria Shareholder Yield ETF stock opened at $78.80 on Monday. The stock has a 50-day moving average price of $76.70 and a 200 day moving average price of $73.82. The company has a market cap of $1.13 billion, a P/E ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a 1 year low of $62.20 and a 1 year high of $79.80.

Cambria Shareholder Yield ETF Company 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.