Cambria Value and Momentum ETF (VAMO) to Distribute Quarterly Dividend of $0.08 on September 21st

Cambria Value and Momentum ETF (BATS:VAMO) declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Friday, September 18th will be given a dividend of 0.0768 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, September 18th. This is a 67.5% increase from Cambria Value and Momentum ETF’s previous quarterly dividend of $0.05.

Cambria Value and Momentum ETF Price Performance

Shares of Cambria Value and Momentum ETF stock opened at $36.05 on Friday. The stock has a market cap of $64.89 million, a price-to-earnings ratio of 13.51 and a beta of 0.33. The firm’s 50-day moving average is $36.70 and its two-hundred day moving average is $35.79. Cambria Value and Momentum ETF has a 1 year low of $30.04 and a 1 year high of $37.54.

Institutional Investors Weigh In On Cambria Value and Momentum ETF

Several institutional investors have recently added to or reduced their stakes in VAMO. ALM First Financial Advisors LLC grew its position in Cambria Value and Momentum ETF by 65.1% during the 2nd quarter. ALM First Financial Advisors LLC now owns 1,429,000 shares of the company’s stock worth $51,344,000 after purchasing an additional 563,571 shares during the last quarter. Empowered Funds LLC boosted its holdings in Cambria Value and Momentum ETF by 1.7% in the first quarter. Empowered Funds LLC now owns 373,942 shares of the company’s stock valued at $13,267,000 after purchasing an additional 6,398 shares during the last quarter. Finally, Bravias Capital Group LLC boosted its stake in shares of Cambria Value and Momentum ETF by 16.1% in the first quarter. Bravias Capital Group LLC now owns 174,706 shares of the company’s stock worth $6,199,000 after buying an additional 24,228 shares during the last quarter.

Cambria Value and Momentum ETF Company Profile

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio. VAMO was launched on Sep 9, 2015 and is managed by Cambria.