Cambria Shareholder Yield ETF (BATS:SYLD) is Breakwater Capital Group’s 10th Largest Position

Breakwater Capital Group lifted its stake in Cambria Shareholder Yield ETF (BATS:SYLD) by 7.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,970 shares of the company’s stock after purchasing an additional 6,691 shares during the period. Cambria Shareholder Yield ETF makes up 1.9% of Breakwater Capital Group’s investment portfolio, making the stock its 10th largest holding. Breakwater Capital Group owned 0.59% of Cambria Shareholder Yield ETF worth $7,398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Ancora Advisors LLC grew its stake in Cambria Shareholder Yield ETF by 50.0% in the 3rd quarter. Ancora Advisors LLC now owns 600 shares of the company’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Evermay Wealth Management LLC acquired a new stake in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $47,000. CENTRAL TRUST Co purchased a new position in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $51,000. Parkside Financial Bank & Trust acquired a new position in shares of Cambria Shareholder Yield ETF during the 4th quarter worth approximately $68,000. Finally, Assetmark Inc. purchased a new stake in Cambria Shareholder Yield ETF in the 4th quarter valued at approximately $130,000.

Cambria Shareholder Yield ETF Price Performance

Shares of BATS SYLD traded up $0.46 during midday trading on Friday, reaching $68.28. 75,569 shares of the stock were exchanged. The stock’s 50-day simple moving average is $69.52 and its 200 day simple moving average is $69.12. The stock has a market capitalization 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.