Brookstone Capital Management Acquires 9,353 Shares of Cambria Shareholder Yield ETF $SYLD

Brookstone Capital Management raised its holdings in shares of Cambria Shareholder Yield ETF (BATS:SYLD) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,367 shares of the company’s stock after buying an additional 9,353 shares during the quarter. Brookstone Capital Management owned about 0.82% of Cambria Shareholder Yield ETF worth $8,159,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Sherman Wealth Management LLC bought a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter worth approximately $1,495,000. Verum Partners LLC raised its stake in Cambria Shareholder Yield ETF by 17.8% in the fourth quarter. Verum Partners LLC now owns 223,117 shares of the company’s stock valued at $15,511,000 after purchasing an additional 33,671 shares in the last quarter. DAVENPORT & Co LLC lifted its position in Cambria Shareholder Yield ETF by 3.5% during the fourth quarter. DAVENPORT & Co LLC now owns 4,388 shares of the company’s stock valued at $305,000 after purchasing an additional 150 shares during the last quarter. Allworth Financial LP bought a new stake in Cambria Shareholder Yield ETF during the third quarter valued at approximately $67,000. Finally, Centaurus Financial Inc. purchased a new position in Cambria Shareholder Yield ETF in the 3rd quarter worth approximately $126,000.

Cambria Shareholder Yield ETF Price Performance

SYLD stock opened at $75.41 on Wednesday. The firm has a 50 day simple moving average of $75.30 and a two-hundred day simple moving average of $71.43. The stock has a market cap of $1.08 billion, a PE ratio of 11.01 and a beta of 1.04. Cambria Shareholder Yield ETF has a one year low of $54.75 and a one year high of $78.95.

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.