Cambria Global Asset Allocation ETF (BATS:GAA) to Issue Dividend Increase – $0.51 Per Share

Cambria Global Asset Allocation ETF (BATS:GAA) announced a dividend on Friday, September 20th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.5091 per share on Wednesday, October 2nd. The ex-dividend date is Monday, September 23rd. This is an increase from Cambria Global Asset Allocation ETF’s previous dividend of $0.23.

Cambria Global Asset Allocation ETF Trading Up 0.8 %

Shares of BATS GAA opened at $29.95 on Friday. The firm has a market capitalization of $56.91 million, a P/E ratio of 6.65 and a beta of 0.47. The firm’s 50-day moving average price is $29.07 and its 200-day moving average price is $28.81. Cambria Global Asset Allocation ETF has a 1-year low of $24.76 and a 1-year high of $28.60.

About Cambria Global Asset Allocation ETF

The Cambria Global Asset Allocation ETF (GAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that provides exposure to equity, fixed-income, real estate, commodities, and currencies. The fund aims for returns and reduced volatility.