Entrewealth LLC Takes Position in Cambria Global Asset Allocation ETF (BATS:GAA)

Entrewealth LLC purchased a new position in shares of Cambria Global Asset Allocation ETF (BATS:GAA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 50,676 shares of the company’s stock, valued at approximately $1,501,000. Cambria Global Asset Allocation ETF comprises approximately 1.4% of Entrewealth LLC’s holdings, making the stock its 22nd biggest position.

Several other institutional investors have also recently added to or reduced their stakes in GAA. JPMorgan Chase & Co. acquired a new position in Cambria Global Asset Allocation ETF in the 3rd quarter valued at $79,000. Atria Wealth Solutions Inc. purchased a new stake in shares of Cambria Global Asset Allocation ETF in the fourth quarter valued at about $205,000. Finally, StoneX Group Inc. increased its stake in shares of 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 worth $2,049,000 after acquiring an additional 19,550 shares during the period.

Cambria Global Asset Allocation ETF Stock Up 3.6 %

BATS GAA opened at $29.43 on Tuesday. The stock 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. The firm has a 50-day moving average price of $28.95 and a 200 day moving average price of $29.09.

Cambria Global Asset Allocation ETF Cuts Dividend

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

Cambria Global Asset Allocation ETF Company 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.