Cambria Global Asset Allocation ETF (BATS:GAA) Position Raised by Focus Financial Network Inc.

Focus Financial Network Inc. raised its stake in Cambria Global Asset Allocation ETF (BATS:GAA) by 146.8% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 72,423 shares of the company’s stock after buying an additional 43,076 shares during the quarter. Focus Financial Network Inc. owned approximately 3.81% of Cambria Global Asset Allocation ETF worth $2,111,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC bought a new stake in Cambria Global Asset Allocation ETF in the fourth quarter valued at $48,000. Able Wealth Management LLC bought a new stake in Cambria Global Asset Allocation ETF in the fourth quarter valued at $52,000. Visionary Wealth Advisors lifted its stake in Cambria Global Asset Allocation ETF by 3.0% in the fourth quarter. Visionary Wealth Advisors now owns 25,506 shares of the company’s stock valued at $711,000 after buying an additional 750 shares during the last quarter. StoneX Group Inc. bought a new stake in Cambria Global Asset Allocation ETF in the first quarter valued at $1,305,000. Finally, Professional Financial Advisors LLC increased its holdings in shares of Cambria Global Asset Allocation ETF by 4.1% during the second quarter. Professional Financial Advisors LLC now owns 53,610 shares of the company’s stock valued at $1,526,000 after purchasing an additional 2,109 shares during the period.

Cambria Global Asset Allocation ETF Price Performance

Shares of GAA traded down $0.07 during trading hours on Wednesday, reaching $29.20. 1,873 shares of the company’s stock traded hands. The firm has a market capitalization of $55.48 million, a price-to-earnings ratio of 6.65 and a beta of 0.47. The business’s fifty day simple moving average is $28.74 and its two-hundred day simple moving average is $28.60. Cambria Global Asset Allocation ETF has a twelve month low of $24.76 and a twelve month high of $28.60.

Cambria Global Asset Allocation ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, June 24th were given a dividend of $0.2271 per share. The ex-dividend date was Monday, June 24th.

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.