Cambria Global Value ETF $GVAL Stock Holdings Increased by Cambria Investment Management L.P.

Cambria Investment Management L.P. boosted its stake in shares of Cambria Global Value ETF (BATS:GVAL) by 29.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 911,325 shares of the company’s stock after buying an additional 204,634 shares during the quarter. Cambria Global Value ETF accounts for approximately 1.5% of Cambria Investment Management L.P.’s portfolio, making the stock its 4th largest holding. Cambria Investment Management L.P. owned 10.60% of Cambria Global Value ETF worth $25,385,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of GVAL. Fortis Group Advisors LLC purchased a new stake in shares of Cambria Global Value ETF during the 3rd quarter worth approximately $1,738,000. Envestnet Asset Management Inc. acquired a new position in Cambria Global Value ETF during the third quarter worth $1,075,000. Jones Financial Companies Lllp boosted its position in Cambria Global Value ETF by 1,856.6% during the third quarter. Jones Financial Companies Lllp now owns 19,449 shares of the company’s stock worth $568,000 after purchasing an additional 18,455 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Cambria Global Value ETF during the third quarter worth $321,000. Finally, Rockport Wealth LLC acquired a new stake in Cambria Global Value ETF in the third quarter valued at $4,303,000.

Cambria Global Value ETF Stock Up 0.7%

Shares of GVAL stock opened at $33.72 on Thursday. The stock has a market cap of $289.99 million, a P/E ratio of 10.49 and a beta of 0.76. Cambria Global Value ETF has a fifty-two week low of $21.92 and a fifty-two week high of $36.18. The business has a fifty day simple moving average of $34.10 and a 200-day simple moving average of $31.35.

Cambria Global Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were issued a dividend of $0.2535 per share. This is an increase from Cambria Global Value ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Thursday, December 18th. This represents a $1.01 annualized dividend and a yield of 3.0%.

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.