Belpointe Asset Management LLC Takes Position in Cambria Global Value ETF $GVAL

Belpointe Asset Management LLC purchased a new stake in Cambria Global Value ETF (BATS:GVAL) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,536 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors have also recently made changes to their positions in the business. Janney Montgomery Scott LLC grew its holdings in shares of Cambria Global Value ETF by 27.7% in the second quarter. Janney Montgomery Scott LLC now owns 17,032 shares of the company’s stock valued at $464,000 after purchasing an additional 3,692 shares in the last quarter. ALM First Financial Advisors LLC grew its holdings in shares of Cambria Global Value ETF by 1.2% in the first quarter. ALM First Financial Advisors LLC now owns 1,020,791 shares of the company’s stock valued at $24,388,000 after purchasing an additional 12,410 shares in the last quarter. SMI Advisory Services LLC grew its holdings in shares of Cambria Global Value ETF by 2.1% in the second quarter. SMI Advisory Services LLC now owns 690,431 shares of the company’s stock valued at $18,935,000 after purchasing an additional 13,880 shares in the last quarter. Brookwood Investment Group LLC acquired a new position in shares of Cambria Global Value ETF in the first quarter valued at approximately $354,000. Finally, IronOak Wealth LLC. acquired a new position in shares of Cambria Global Value ETF in the second quarter valued at approximately $1,199,000.

Cambria Global Value ETF Stock Performance

Shares of GVAL stock opened at $28.56 on Friday. The stock has a market capitalization of $245.57 million, a P/E ratio of 10.49 and a beta of 0.76. The company has a 50 day moving average price of $28.92 and a 200 day moving average price of $27.10. Cambria Global Value ETF has a fifty-two week low of $19.95 and a fifty-two week high of $28.96.

Cambria Global Value ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were issued a dividend of $0.2056 per share. This represents a $0.82 annualized dividend and a yield of 2.9%. The ex-dividend date was Thursday, September 18th.

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.