Cambria Global Value ETF $GVAL Shares Acquired by Optima Capital LLC

Optima Capital LLC raised its position in Cambria Global Value ETF (BATS:GVAL) by 32.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 252,940 shares of the company’s stock after acquiring an additional 62,254 shares during the quarter. Cambria Global Value ETF makes up 3.8% of Optima Capital LLC’s investment portfolio, making the stock its 3rd largest position. Optima Capital LLC’s holdings in Cambria Global Value ETF were worth $9,571,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Western Wealth Management LLC bought a new position in shares of Cambria Global Value ETF during the first quarter valued at about $1,650,000. NewEdge Advisors LLC purchased a new stake in shares of Cambria Global Value ETF during the first quarter worth about $525,000. Janney Montgomery Scott LLC grew its stake in shares of Cambria Global Value ETF by 194.7% in the first quarter. Janney Montgomery Scott LLC now owns 55,892 shares of the company’s stock worth $1,854,000 after purchasing an additional 36,926 shares during the last quarter. Rockport Wealth LLC grew its stake 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 purchasing an additional 68,878 shares during the last quarter. Finally, SFG Wealth Management LLC. purchased a new position in Cambria Global Value ETF during the 3rd quarter valued at about $1,977,000.

Cambria Global Value ETF Price Performance

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

Cambria Global Value ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were given a $0.2562 dividend. The ex-dividend date was Friday, September 18th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.8%. This is a decrease from Cambria Global Value ETF’s previous quarterly dividend of $0.3357.

About Cambria Global Value ETF

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.