Cambria Global Value ETF $GVAL Stock Bought by Optima Capital LLC

Optima Capital LLC lifted its holdings in shares of Cambria Global Value ETF (BATS:GVAL) by 32.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 252,940 shares of the company’s stock after purchasing an additional 62,254 shares during the period. Cambria Global Value ETF comprises about 3.8% of Optima Capital LLC’s investment portfolio, making the stock its 3rd biggest position. Optima Capital LLC owned 2.94% of Cambria Global Value ETF worth $9,571,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC purchased a new stake in Cambria Global Value ETF during the first quarter valued at about $1,650,000. NewEdge Advisors LLC bought a new position in shares of Cambria Global Value ETF during the first quarter valued at about $525,000. Janney Montgomery Scott LLC grew its stake in shares of Cambria Global Value ETF by 194.7% during the first quarter. Janney Montgomery Scott LLC now owns 55,892 shares of the company’s stock valued at $1,854,000 after buying an additional 36,926 shares during the last quarter. SFG Wealth Management LLC. purchased a new position in shares of Cambria Global Value ETF in the third quarter worth about $1,977,000. Finally, Rockport Wealth LLC increased its holdings in shares of Cambria Global Value ETF by 36.0% in the first quarter. Rockport Wealth LLC now owns 260,085 shares of the company’s stock worth $8,627,000 after buying an additional 68,878 shares during the period.

Cambria Global Value ETF Stock Performance

BATS GVAL opened at $36.13 on Monday. Cambria Global Value ETF has a 1-year low of $29.69 and a 1-year high of $39.87. The stock has a 50-day moving average of $38.42 and a 200-day moving average of $36.19. The firm has a market cap of $310.72 million, a PE ratio of 10.49 and a beta of 0.76.

Cambria Global Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were given a dividend of $0.2562 per share. This represents a $1.02 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, September 18th. This is a negative change from Cambria Global Value ETF’s previous quarterly dividend of $0.3357.

Cambria Global Value ETF Company Profile

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.