Cambria Value and Momentum ETF (BATS:VAMO) Plans Quarterly Dividend of $0.05

Cambria Value and Momentum ETF (BATS:VAMO) announced a quarterly dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.0491 per share on Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, December 18th.

Cambria Value and Momentum ETF Price Performance

Shares of VAMO stock traded up $3.94 during trading hours on Thursday, reaching $34.43. The company had a trading volume of 3,594 shares, compared to its average volume of 3,235. The company has a market cap of $61.97 million, a price-to-earnings ratio of 13.51 and a beta of 0.33. Cambria Value and Momentum ETF has a 12 month low of $26.67 and a 12 month high of $32.72. The business has a fifty day simple moving average of $33.32 and a 200-day simple moving average of $32.04.

Institutional Trading of Cambria Value and Momentum ETF

Several institutional investors have recently made changes to their positions in the company. Cambria Investment Management L.P. lifted its position in shares of Cambria Value and Momentum ETF by 41.2% during the third quarter. Cambria Investment Management L.P. now owns 625,547 shares of the company’s stock valued at $19,713,000 after purchasing an additional 182,494 shares in the last quarter. Bravias Capital Group LLC increased its stake in Cambria Value and Momentum ETF by 13.3% in the 3rd quarter. Bravias Capital Group LLC now owns 131,953 shares of the company’s stock valued at $4,406,000 after buying an additional 15,448 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in Cambria Value and Momentum ETF in the 3rd quarter valued at about $364,000. Finally, CIBC Private Wealth Group LLC lifted its position in shares of Cambria Value and Momentum ETF by 190.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 10,904 shares of the company’s stock worth $364,000 after buying an additional 7,151 shares in the last quarter.

About Cambria Value and Momentum ETF

The Cambria Value and Momentum ETF (VAMO) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed portfolio of large-, mid and small-cap US stocks selected by long-term value factors and midterm momentum factors. The managers have discretion to hedge up to 100% of the portfolio.