Bravias Capital Group LLC Invests $1.60 Million in Cambria Shareholder Yield ETF (BATS:SYLD)

Bravias Capital Group LLC acquired a new stake in Cambria Shareholder Yield ETF (BATS:SYLD) during the fourth quarter, Holdings Channel.com reports. The firm acquired 22,675 shares of the company’s stock, valued at approximately $1,596,000. Cambria Shareholder Yield ETF comprises approximately 1.3% of Bravias Capital Group LLC’s portfolio, making the stock its 18th biggest holding.

Other institutional investors have also made changes to their positions in the company. Allworth Financial LP acquired a new stake in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $27,000. Godsey & Gibb Inc. bought a new position in Cambria Shareholder Yield ETF in the 4th quarter valued at $35,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Cambria Shareholder Yield ETF during the fourth quarter worth $41,000. Compass Capital Corp MA ADV bought a new stake in shares of Cambria Shareholder Yield ETF during the fourth quarter worth $227,000. Finally, Hubbell Strickland Wealth Management LLC increased its holdings in Cambria Shareholder Yield ETF by 6.1% in the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 3,599 shares of the company’s stock valued at $246,000 after purchasing an additional 206 shares during the last quarter.

Cambria Shareholder Yield ETF Stock Performance

BATS SYLD opened at $67.22 on Monday. The stock’s 50 day simple moving average is $69.23 and its 200-day simple moving average is $70.93. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 12.38 and a beta of 1.20.

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.