Menlo Advisors LLC Has $11.22 Million Stake in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL)

Menlo Advisors LLC grew its holdings in Alpha Architect U.S. Quantitative Value ETF (NASDAQ:QVAL) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 251,355 shares of the company’s stock after acquiring an additional 2,825 shares during the quarter. Alpha Architect U.S. Quantitative Value ETF accounts for approximately 5.7% of Menlo Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Menlo Advisors LLC owned about 2.96% of Alpha Architect U.S. Quantitative Value ETF worth $11,220,000 at the end of the most recent quarter.

Separately, Baker Boyer National Bank boosted its position in shares of Alpha Architect U.S. Quantitative Value ETF by 1.9% in the fourth quarter. Baker Boyer National Bank now owns 16,179 shares of the company’s stock valued at $722,000 after acquiring an additional 301 shares during the period.

Alpha Architect U.S. Quantitative Value ETF Stock Performance

Shares of Alpha Architect U.S. Quantitative Value ETF stock opened at $43.10 on Thursday. The firm has a 50-day moving average of $45.23 and a 200-day moving average of $45.40. The stock has a market cap of $365.92 million, a PE ratio of 6.32 and a beta of 1.30. Alpha Architect U.S. Quantitative Value ETF has a 52-week low of $41.27 and a 52-week high of $47.88.

Alpha Architect U.S. Quantitative Value ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 24th were paid a $0.211 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Alpha Architect U.S. Quantitative Value ETF’s previous dividend of $0.15.

Alpha Architect U.S. Quantitative Value ETF Profile

The Alpha Architect US Quantitative Value ETF (QVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is an active, equal-weighted portfolio of US value stocks, screened for forensic accounting and earnings quality. QVAL was launched on Oct 22, 2014 and is issued by Alpha Architect.