Carter Financial Group INC. Buys New Stake in Cambria Global Real Estate ETF $BLDG

Carter Financial Group INC. purchased a new position in shares of Cambria Global Real Estate ETF (BATS:BLDG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 146,343 shares of the company’s stock, valued at approximately $3,653,000. Cambria Global Real Estate ETF makes up about 2.4% of Carter Financial Group INC.’s investment portfolio, making the stock its 11th largest holding. Carter Financial Group INC. owned approximately 0.09% of Cambria Global Real Estate ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Flow Traders U.S. LLC grew its stake in shares of Cambria Global Real Estate ETF by 79.8% in the second quarter. Flow Traders U.S. LLC now owns 40,481 shares of the company’s stock valued at $1,011,000 after buying an additional 17,968 shares in the last quarter. Betterment LLC increased its stake in Cambria Global Real Estate ETF by 2.5% during the first quarter. Betterment LLC now owns 34,586 shares of the company’s stock worth $829,000 after purchasing an additional 860 shares during the period. Belpointe Asset Management LLC purchased a new position in shares of Cambria Global Real Estate ETF in the first quarter valued at approximately $589,000. Finally, Jane Street Group LLC grew its holdings in shares of Cambria Global Real Estate ETF by 19.8% in the second quarter. Jane Street Group LLC now owns 19,599 shares of the company’s stock valued at $489,000 after purchasing an additional 3,235 shares in the last quarter.

Cambria Global Real Estate ETF Stock Down 0.1%

Shares of BLDG stock opened at $24.98 on Friday. The firm has a 50 day moving average of $25.26 and a two-hundred day moving average of $25.32. The stock has a market capitalization of $39.96 million, a PE ratio of 14.37 and a beta of 0.83. Cambria Global Real Estate ETF has a 52 week low of $21.10 and a 52 week high of $27.78.

Cambria Global Real Estate ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Thursday, September 18th were paid a $0.3917 dividend. This represents a $1.57 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Thursday, September 18th.

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.