Austin Wealth Management LLC Trims Stock Holdings in Cambria Global Asset Allocation ETF (BATS:GAA)

Austin Wealth Management LLC trimmed its holdings in Cambria Global Asset Allocation ETF (BATS:GAA) by 5.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 278,511 shares of the company’s stock after selling 16,602 shares during the period. Cambria Global Asset Allocation ETF makes up 1.7% of Austin Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. Austin Wealth Management LLC owned approximately 14.66% of Cambria Global Asset Allocation ETF worth $8,054,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Atria Wealth Solutions Inc. purchased a new position in shares of Cambria Global Asset Allocation ETF during the 4th quarter valued at $205,000. JPMorgan Chase & Co. bought a new stake in Cambria Global Asset Allocation ETF in the third quarter worth $79,000. Finally, StoneX Group Inc. lifted its stake in Cambria Global Asset Allocation ETF by 40.5% in the third quarter. StoneX Group Inc. now owns 67,812 shares of the company’s stock worth $2,049,000 after purchasing an additional 19,550 shares during the last quarter.

Cambria Global Asset Allocation ETF Trading Up 1.8 %

Shares of BATS:GAA opened at $28.91 on Wednesday. The company has a market cap of $53.49 million, a price-to-earnings ratio of 10.59 and a beta of 0.58. The company has a 50-day moving average price of $28.91 and a 200-day moving average price of $29.10. Cambria Global Asset Allocation ETF has a 12 month low of $27.53 and a 12 month high of $30.10.

Cambria Global Asset Allocation ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0392 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Cambria Global Asset Allocation ETF Profile

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.