Cambria Global Momentum ETF (BATS:GMOM) Plans $0.10 Quarterly Dividend

Cambria Global Momentum ETF (BATS:GMOM) announced a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.0987 per share on Wednesday, September 23rd. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 22nd.

Cambria Global Momentum ETF Trading Up 0.3%

BATS:GMOM opened at $38.71 on Tuesday. Cambria Global Momentum ETF has a 1 year low of $31.15 and a 1 year high of $39.05. The stock has a market cap of $143.23 million, a price-to-earnings ratio of 15.73 and a beta of 0.45. The stock has a 50-day moving average price of $37.61 and a two-hundred day moving average price of $36.88.

Hedge Funds Weigh In On Cambria Global Momentum ETF

A hedge fund recently raised its position in Cambria Global Momentum ETF stock. Bravias Capital Group LLC raised its stake in Cambria Global Momentum ETF (BATS:GMOM) by 10.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 286,509 shares of the company’s stock after purchasing an additional 27,798 shares during the quarter. Cambria Global Momentum ETF makes up about 6.7% of Bravias Capital Group LLC’s portfolio, making the stock its 3rd biggest holding. Bravias Capital Group LLC owned 7.74% of Cambria Global Momentum ETF worth $10,249,000 as of its most recent filing with the Securities & Exchange Commission.

About Cambria Global Momentum ETF

The Cambria Global Momentum ETF (GMOM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that selects approximately 17 ETFs, across various asset classes, based on price momentum. The fund aims for capital appreciation rather than income. GMOM was launched on Nov 4, 2014 and is managed by Cambria.