DKM Wealth Management Inc. Buys Shares of 167,182 Cambria Shareholder Yield ETF (BATS:SYLD)

DKM Wealth Management Inc. bought a new position in shares of Cambria Shareholder Yield ETF (BATS:SYLD) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 167,182 shares of the company’s stock, valued at approximately $11,447,000. Cambria Shareholder Yield ETF comprises 10.9% of DKM Wealth Management Inc.’s portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also modified their holdings of SYLD. Allworth Financial LP acquired a new position in Cambria Shareholder Yield ETF in the fourth quarter worth $27,000. Godsey & Gibb Inc. acquired a new stake in shares of Cambria Shareholder Yield ETF during the fourth quarter worth about $35,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Cambria Shareholder Yield ETF in the fourth quarter valued at approximately $41,000. JPMorgan Chase & Co. boosted its stake in Cambria Shareholder Yield ETF by 42,540.0% in the 4th quarter. JPMorgan Chase & Co. now owns 2,132 shares of the company’s stock worth $146,000 after purchasing an additional 2,127 shares during the period. Finally, Compass Capital Corp MA ADV bought a new position in shares of Cambria Shareholder Yield ETF during the fourth quarter worth about $227,000.

Cambria Shareholder Yield ETF Price Performance

Shares of BATS SYLD opened at $64.17 on Wednesday. The business has a 50-day moving average of $67.37 and a 200-day moving average of $70.14. Cambria Shareholder Yield ETF has a fifty-two week low of $62.45 and a fifty-two week high of $76.95. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 10.93 and a beta of 1.21.

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.