Cowa LLC Makes New $2.56 Million Investment in Cambria Trinity ETF $TRTY

Cowa LLC acquired a new position in Cambria Trinity ETF (BATS:TRTY) during the 3rd quarter, HoldingsChannel reports. The fund acquired 81,916 shares of the company’s stock, valued at approximately $2,562,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TRTY. Signature Equity Partners LLC bought a new stake in shares of Cambria Trinity ETF in the 3rd quarter valued at about $96,000. Go Invest LLC bought a new position in shares of Cambria Trinity ETF during the third quarter worth about $265,000. Fermata Advisors LLC raised its position in shares of Cambria Trinity ETF by 1.1% during the second quarter. Fermata Advisors LLC now owns 149,337 shares of the company’s stock worth $4,511,000 after acquiring an additional 1,658 shares during the last quarter. Sound Financial Strategies Group LLC bought a new position in shares of Cambria Trinity ETF during the second quarter worth about $17,479,000. Finally, ALM First Financial Advisors LLC lifted its stake in shares of Cambria Trinity ETF by 182.8% in the third quarter. ALM First Financial Advisors LLC now owns 6,423,375 shares of the company’s stock worth $200,923,000 after acquiring an additional 4,152,375 shares during the period.

Cambria Trinity ETF Stock Performance

BATS:TRTY opened at $31.14 on Thursday. The company has a market capitalization of $133.90 million, a PE ratio of 11.85 and a beta of 0.42. The company has a 50 day simple moving average of $31.73 and a two-hundred day simple moving average of $30.94. Cambria Trinity ETF has a fifty-two week low of $27.57 and a fifty-two week high of $32.53.

Cambria Trinity ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Shareholders of record on Tuesday, September 22nd were paid a $0.1766 dividend. This represents a $0.71 annualized dividend and a yield of 2.3%. This is a boost from Cambria Trinity ETF’s previous quarterly dividend of $0.1484. The ex-dividend date of this dividend was Tuesday, September 22nd.

About Cambria Trinity ETF

The Cambria Trinity ETF (TRTY) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with exposure to a variety of asset classes, including equity, fixed income, real estate, commodities, and currencies. The fund seeks income and capital appreciation. TRTY was launched on Sep 10, 2018 and is managed by Cambria.