Cambria Global Real Estate ETF (BATS:BLDG) Declares Quarterly Dividend of $0.68

Cambria Global Real Estate ETF (BATS:BLDG) declared a quarterly dividend on Wednesday, December 17th. Investors of record on Thursday, December 18th will be paid a dividend of 0.6819 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date is Thursday, December 18th. This is a 74.1% increase from Cambria Global Real Estate ETF’s previous quarterly dividend of $0.39.

Cambria Global Real Estate ETF Price Performance

BLDG opened at $25.04 on Thursday. Cambria Global Real Estate ETF has a 12 month low of $21.10 and a 12 month high of $27.78. The stock has a market cap of $40.07 million, a P/E ratio of 14.37 and a beta of 0.83. The stock’s 50 day moving average price is $25.25 and its 200 day moving average price is $25.34.

Institutional Investors Weigh In On Cambria Global Real Estate ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cambria Investment Management L.P. grew its position in Cambria Global Real Estate ETF by 61.8% in the 3rd quarter. Cambria Investment Management L.P. now owns 601,829 shares of the company’s stock valued at $15,246,000 after buying an additional 229,948 shares in the last quarter. Carter Financial Group INC. lifted its stake in shares of Cambria Global Real Estate ETF by 2.3% in the 3rd quarter. Carter Financial Group INC. now owns 149,663 shares of the company’s stock worth $3,865,000 after acquiring an additional 3,320 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of Cambria Global Real Estate ETF by 108.9% in the third quarter. Flow Traders U.S. LLC now owns 84,583 shares of the company’s stock valued at $2,184,000 after acquiring an additional 44,102 shares in the last quarter. Betterment LLC increased its stake in shares of Cambria Global Real Estate ETF by 2.5% during the first quarter. Betterment LLC now owns 34,586 shares of the company’s stock valued at $829,000 after acquiring an additional 860 shares during the period. Finally, Belpointe Asset Management LLC increased its stake in shares of Cambria Global Real Estate ETF by 4.6% during the third quarter. Belpointe Asset Management LLC now owns 25,214 shares of the company’s stock valued at $651,000 after acquiring an additional 1,098 shares during the period.

Cambria Global Real Estate ETF Company Profile

The Cambria Global Real Estate ETF (BLDG) is an exchange-traded fund that mostly invests in real estate equity. The fund is actively-managed to provide exposure to the real estate sector and its related industries. Stocks are selected using Cambrias multi-factor algorithm. BLDG was launched on Sep 24, 2020 and is managed by Cambria.