Cambria Value and Momentum ETF (BATS:VAMO) Stake Cut by Betterment LLC

Betterment LLC lessened its holdings in shares of Cambria Value and Momentum ETF (BATS:VAMO) by 6.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,862 shares of the company’s stock after selling 6,827 shares during the quarter. Betterment LLC owned approximately 3.71% of Cambria Value and Momentum ETF worth $2,608,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. ICA Group Wealth Management LLC increased its stake in Cambria Value and Momentum ETF by 1,114.7% in the 1st quarter. ICA Group Wealth Management LLC now owns 1,822 shares of the company’s stock valued at $46,000 after buying an additional 1,672 shares during the period. Prospera Financial Services Inc raised its holdings in shares of Cambria Value and Momentum ETF by 11.0% during the first quarter. Prospera Financial Services Inc now owns 12,122 shares of the company’s stock worth $305,000 after acquiring an additional 1,200 shares in the last quarter. Jaffetilchin Investment Partners LLC purchased a new position in Cambria Value and Momentum ETF in the first quarter valued at about $324,000. Legacy Capital Group California Inc. acquired a new position in Cambria Value and Momentum ETF in the 1st quarter worth about $1,402,000. Finally, LPL Financial LLC raised its stake in shares of Cambria Value and Momentum ETF by 5.0% during the 1st quarter. LPL Financial LLC now owns 123,513 shares of the company’s stock worth $3,101,000 after purchasing an additional 5,839 shares in the last quarter.

Cambria Value and Momentum ETF Stock Performance

Shares of BATS VAMO opened at $26.29 on Tuesday. The business has a 50 day simple moving average of $26.28 and a 200 day simple moving average of $25.52. Cambria Value and Momentum ETF has a 52 week low of $22.88 and a 52 week high of $28.07. The stock has a market cap of $55.21 million, a price-to-earnings ratio of 5.93 and a beta of 0.34.

Cambria Value and Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, July 3rd. Shareholders of record on Friday, June 23rd were paid a $0.0973 dividend. The ex-dividend date was Thursday, June 22nd.

Cambria Value and Momentum ETF Profile

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.