Cambria Value and Momentum ETF $VAMO Shares Acquired by Bravias Capital Group LLC

Bravias Capital Group LLC raised its stake in shares of Cambria Value and Momentum ETF (BATS:VAMO) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 131,953 shares of the company’s stock after purchasing an additional 15,448 shares during the period. Cambria Value and Momentum ETF accounts for approximately 2.9% of Bravias Capital Group LLC’s investment portfolio, making the stock its 8th biggest position. Bravias Capital Group LLC owned approximately 7.33% of Cambria Value and Momentum ETF worth $4,406,000 as of its most recent SEC filing.

Cambria Value and Momentum ETF Trading Up 13.0%

Shares of VAMO stock opened at $34.45 on Tuesday. Cambria Value and Momentum ETF has a 1-year low of $26.67 and a 1-year high of $32.72. The stock has a market cap of $62.00 million, a price-to-earnings ratio of 13.51 and a beta of 0.33. The stock has a 50-day moving average of $33.54 and a 200-day moving average of $32.32.

Cambria Value and Momentum ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were issued a dividend of $0.0491 per share. The ex-dividend date was Thursday, December 18th. This represents a $0.20 annualized dividend and a yield of 0.6%.

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. VAMO was launched on Sep 9, 2015 and is managed by Cambria.