Cambria Fixed Income Trend ETF (BATS:CFIT) Increases Dividend to $0.30 Per Share

Cambria Fixed Income Trend ETF (BATS:CFITGet Free Report) declared a quarterly dividend on Thursday, September 17th. Investors of record on Friday, September 18th will be paid a dividend of 0.3025 per share on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Friday, September 18th. This is a 193.3% increase from Cambria Fixed Income Trend ETF’s previous quarterly dividend of $0.10.

Cambria Fixed Income Trend ETF Price Performance

CFIT stock traded down $0.07 on Friday, reaching $25.32. The company had a trading volume of 9,414 shares, compared to its average volume of 11,850. The company’s fifty day moving average is $25.81 and its 200 day moving average is $25.75. Cambria Fixed Income Trend ETF has a 1 year low of $24.42 and a 1 year high of $26.45.

Hedge Funds Weigh In On Cambria Fixed Income Trend ETF

Institutional investors have recently modified their holdings of the company. Ascentis Independent Advisors acquired a new stake in Cambria Fixed Income Trend ETF during the first quarter worth approximately $320,000. Kintra Wealth LLC acquired a new position in Cambria Fixed Income Trend ETF in the 2nd quarter valued at $756,000. Finally, Sound Financial Strategies Group LLC purchased a new position in shares of Cambria Fixed Income Trend ETF during the 2nd quarter worth $15,231,000.

About Cambria Fixed Income Trend ETF

(Get Free Report)

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.

Further Reading

Dividend History for Cambria Fixed Income Trend ETF (BATS:CFIT)

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