Kintra Wealth LLC Buys New Position in Cambria Fixed Income Trend ETF $CFIT

Kintra Wealth LLC purchased a new position in Cambria Fixed Income Trend ETF (BATS:CFIT) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 28,967 shares of the company’s stock, valued at approximately $756,000. Kintra Wealth LLC owned approximately 0.05% of Cambria Fixed Income Trend ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Sound Financial Strategies Group LLC purchased a new position in shares of Cambria Fixed Income Trend ETF during the 2nd quarter valued at about $15,231,000. Ascentis Independent Advisors bought a new stake in Cambria Fixed Income Trend ETF in the 1st quarter worth approximately $320,000. Jane Street Group LLC purchased a new stake in Cambria Fixed Income Trend ETF in the fourth quarter worth approximately $596,000. Betterment LLC boosted its stake in Cambria Fixed Income Trend ETF by 2.2% in the fourth quarter. Betterment LLC now owns 58,425 shares of the company’s stock worth $1,469,000 after buying an additional 1,274 shares in the last quarter. Finally, Citadel Advisors LLC raised its stake in shares of Cambria Fixed Income Trend ETF by 102.1% during the third quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock worth $499,000 after acquiring an additional 10,045 shares in the last quarter.

Cambria Fixed Income Trend ETF Stock Performance

Shares of CFIT opened at $25.86 on Monday. Cambria Fixed Income Trend ETF has a fifty-two week low of $24.42 and a fifty-two week high of $26.45. The firm has a 50 day moving average price of $25.86 and a 200-day moving average price of $25.76.

Cambria Fixed Income Trend ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Thursday, June 18th were paid a $0.1031 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Thursday, June 18th.

Cambria Fixed Income Trend ETF Profile

Cambria ETF Trust – Cambria Fixed Income Trend ETF is an exchange traded fund launched and managed by Cambria Investment Management, L.P. The fund is co-managed by Tidal Investments LLC. It invests in fixed income markets of global region. The fund invests directly and through other funds in intermediate term U.S. government securities, such as Treasury bonds, Treasury notes, T-bills and Treasury Inflation-Protected Securities, corporate bonds, high yield bonds, municipal bonds, residential and commercial mortgage-backed securities, convertible securities, preferred securities, private credit, foreign developed government bonds and emerging market government bonds.