Farther Finance Advisors LLC Purchases 30,257 Shares of Cambria Global Value ETF $GVAL

Farther Finance Advisors LLC boosted its position in Cambria Global Value ETF (BATS:GVAL) by 8,222.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 30,625 shares of the company’s stock after buying an additional 30,257 shares during the period. Farther Finance Advisors LLC’s holdings in Cambria Global Value ETF were worth $895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GVAL. Geneos Wealth Management Inc. bought a new position in Cambria Global Value ETF during the 2nd quarter worth $26,000. Beacon Capital Management Inc. bought a new stake in shares of Cambria Global Value ETF in the second quarter valued at about $51,000. Private Trust Co. NA acquired a new position in shares of Cambria Global Value ETF in the second quarter valued at about $155,000. Belpointe Asset Management LLC bought a new position in Cambria Global Value ETF during the second quarter worth about $205,000. Finally, Stone House Investment Management LLC bought a new position in Cambria Global Value ETF during the second quarter worth about $221,000.

Cambria Global Value ETF Stock Up 50.6%

BATS GVAL opened at $31.40 on Tuesday. The firm has a 50-day moving average price of $30.73 and a two-hundred day moving average price of $29.14. Cambria Global Value ETF has a 12-month low of $19.95 and a 12-month high of $28.96. The company has a market capitalization of $270.04 million, a P/E ratio of 10.49 and a beta of 0.76.

Cambria Global Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were paid a $0.2535 dividend. This represents a $1.01 annualized dividend and a dividend yield of 3.2%. This is an increase from Cambria Global Value ETF’s previous quarterly dividend of $0.21. The ex-dividend date was Thursday, December 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.