ALM First Financial Advisors LLC Buys 4,152,375 Shares of Cambria Trinity ETF $TRTY

ALM First Financial Advisors LLC increased its position in Cambria Trinity ETF (BATS:TRTY) by 182.8% in the third quarter, HoldingsChannel.com reports. The fund owned 6,423,375 shares of the company’s stock after buying an additional 4,152,375 shares during the period. Cambria Trinity ETF comprises approximately 31.1% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. ALM First Financial Advisors LLC owned 1.49% of Cambria Trinity ETF worth $200,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Sound Financial Strategies Group LLC acquired a new stake in Cambria Trinity ETF during the 2nd quarter valued at approximately $17,479,000. Fermata Advisors LLC grew its holdings in Cambria Trinity ETF by 2.7% during the third quarter. Fermata Advisors LLC now owns 153,412 shares of the company’s stock worth $4,799,000 after acquiring an additional 4,075 shares during the period. Bravias Capital Group LLC raised its position in Cambria Trinity ETF by 9.4% during the first quarter. Bravias Capital Group LLC now owns 85,393 shares of the company’s stock valued at $2,549,000 after acquiring an additional 7,323 shares in the last quarter. Finally, Go Invest LLC acquired a new position in Cambria Trinity ETF in the third quarter valued at approximately $265,000.

Cambria Trinity ETF Price Performance

BATS TRTY traded up $0.07 on Tuesday, hitting $31.76. The company had a trading volume of 8,477 shares, compared to its average volume of 60,126. The company’s fifty day moving average price is $31.73 and its 200-day moving average price is $31.05. The company has a market capitalization of $136.56 million, a PE ratio of 11.85 and a beta of 0.42. Cambria Trinity ETF has a 12-month low of $27.38 and a 12-month high of $32.53.

Cambria Trinity ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Tuesday, September 22nd were issued a $0.1766 dividend. This represents a $0.71 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from Cambria Trinity ETF’s previous quarterly dividend of $0.1484. The ex-dividend date was Tuesday, September 22nd.

Cambria Trinity ETF Profile

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.