Cambria Global Value ETF $GVAL Shares Newly Purchased by SFG Wealth Management LLC.

SFG Wealth Management LLC. acquired a new stake in Cambria Global Value ETF (BATS:GVAL) in the 3rd quarter, Holdings Channel reports. The firm acquired 52,237 shares of the company’s stock, valued at approximately $1,977,000. Cambria Global Value ETF makes up 0.7% of SFG Wealth Management LLC.’s holdings, making the stock its 27th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sound Financial Strategies Group LLC grew its position in shares of Cambria Global Value ETF by 1.7% during the second quarter. Sound Financial Strategies Group LLC now owns 62,393 shares of the company’s stock worth $2,247,000 after buying an additional 1,020 shares in the last quarter. Sepio Capital LP raised its holdings in Cambria Global Value ETF by 0.8% in the third quarter. Sepio Capital LP now owns 232,560 shares of the company’s stock valued at $8,800,000 after acquiring an additional 1,755 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Cambria Global Value ETF in the first quarter valued at approximately $66,000. HBW Advisory Services LLC lifted its stake in Cambria Global Value ETF by 4.7% in the third quarter. HBW Advisory Services LLC now owns 47,010 shares of the company’s stock worth $1,779,000 after acquiring an additional 2,117 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Cambria Global Value ETF by 20.0% in the second quarter. NewEdge Advisors LLC now owns 18,981 shares of the company’s stock worth $684,000 after acquiring an additional 3,160 shares during the last quarter.

Cambria Global Value ETF Price Performance

BATS GVAL opened at $37.33 on Monday. Cambria Global Value ETF has a 52 week low of $29.69 and a 52 week high of $39.87. The stock has a market capitalization of $321.04 million, a PE ratio of 10.49 and a beta of 0.76. The firm has a 50 day moving average of $38.61 and a two-hundred day moving average of $37.04.

Cambria Global Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were issued a $0.2562 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 2.7%. 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.