Entrewealth LLC Makes New Investment in Cambria Global Asset Allocation ETF (BATS:GAA)

Entrewealth LLC acquired a new position in Cambria Global Asset Allocation ETF (BATS:GAA) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 50,676 shares of the company’s stock, valued at approximately $1,501,000. Cambria Global Asset Allocation ETF accounts for approximately 1.4% of Entrewealth LLC’s portfolio, making the stock its 22nd largest holding. Entrewealth LLC owned about 2.67% of Cambria Global Asset Allocation ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in shares of Cambria Global Asset Allocation ETF during the 3rd quarter worth $79,000. Atria Wealth Solutions Inc. purchased a new position in Cambria Global Asset Allocation ETF during the fourth quarter valued at $205,000. Finally, StoneX Group Inc. lifted its position in Cambria Global Asset Allocation ETF by 40.5% during the third quarter. StoneX Group Inc. now owns 67,812 shares of the company’s stock valued at $2,049,000 after purchasing an additional 19,550 shares in the last quarter.

Cambria Global Asset Allocation ETF Stock Up 3.6 %

BATS GAA opened at $29.43 on Tuesday. The stock’s 50-day moving average price is $28.95 and its 200-day moving average price is $29.09. The company has a market capitalization of $54.45 million, a P/E ratio of 10.59 and a beta of 0.58. Cambria Global Asset Allocation ETF has a 52 week low of $27.53 and a 52 week high of $30.10.

Cambria Global Asset Allocation ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 2nd. Shareholders of record on Monday, December 23rd were paid a dividend of $0.0392 per share. The ex-dividend date was Monday, December 23rd.

Cambria Global Asset Allocation ETF Profile

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility.