Mather Group LLC. Acquires New Holdings in Cambria Tail Risk ETF $TAIL

Mather Group LLC. acquired a new position in shares of Cambria Tail Risk ETF (BATS:TAIL) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 157,567 shares of the company’s stock, valued at approximately $1,542,000. Mather Group LLC. owned 1.90% of Cambria Tail Risk ETF as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Simplicity Wealth LLC purchased a new position in shares of Cambria Tail Risk ETF during the first quarter worth $122,000. Continuum Wealth Advisors LLC purchased a new stake in shares of Cambria Tail Risk ETF in the 1st quarter valued at $310,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of Cambria Tail Risk ETF in the 2nd quarter valued at $344,000. Fermata Advisors LLC acquired a new position in Cambria Tail Risk ETF during the 2nd quarter worth about $396,000. Finally, Farther Finance Advisors LLC grew its position in Cambria Tail Risk ETF by 39.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 52,946 shares of the company’s stock valued at $518,000 after acquiring an additional 14,868 shares in the last quarter.

Cambria Tail Risk ETF Stock Up 0.8%

BATS:TAIL traded up $0.08 on Friday, reaching $9.96. 78,649 shares of the company’s stock were exchanged, compared to its average volume of 332,772. The firm has a market capitalization of $82.67 million, a price-to-earnings ratio of 23.34 and a beta of -0.31. The business has a fifty day moving average of $10.08 and a 200-day moving average of $10.56. Cambria Tail Risk ETF has a 52-week low of $9.70 and a 52-week high of $12.19.

Cambria Tail Risk ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were issued a $0.0844 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.4%. This is an increase from Cambria Tail Risk ETF’s previous quarterly dividend of $0.0477. The ex-dividend date was Friday, September 18th.

Cambria Tail Risk ETF Company Profile

The Cambria Tail Risk ETF (TAIL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that holds mostly cash and treasuries while using the strategy of buying put options on the S&P 500 with the purpose of portfolio downside protection. TAIL was launched on Apr 6, 2017 and is managed by Cambria.