Comprehensive Money Management Services LLC Has $877,000 Holdings in Cambria Tail Risk ETF $TAIL

Comprehensive Money Management Services LLC increased its stake in Cambria Tail Risk ETF (BATS:TAIL) by 324.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,146 shares of the company’s stock after purchasing an additional 55,925 shares during the period. Comprehensive Money Management Services LLC owned approximately 0.88% of Cambria Tail Risk ETF worth $877,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Professional Financial Advisors LLC boosted its stake in shares of Cambria Tail Risk ETF by 2.8% during the 2nd quarter. Professional Financial Advisors LLC now owns 150,885 shares of the company’s stock worth $1,809,000 after buying an additional 4,077 shares during the last quarter. Centric Wealth Management boosted its stake in shares of Cambria Tail Risk ETF by 10.3% during the 1st quarter. Centric Wealth Management now owns 28,075 shares of the company’s stock worth $331,000 after buying an additional 2,613 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of Cambria Tail Risk ETF during the 1st quarter worth about $6,132,000. LPL Financial LLC boosted its stake in shares of Cambria Tail Risk ETF by 9.9% during the 1st quarter. LPL Financial LLC now owns 109,382 shares of the company’s stock worth $1,289,000 after buying an additional 9,819 shares during the last quarter. Finally, Fortis Group Advisors LLC acquired a new position in shares of Cambria Tail Risk ETF during the 1st quarter worth about $4,358,000.

Cambria Tail Risk ETF Price Performance

Cambria Tail Risk ETF stock opened at $12.05 on Friday. The firm has a 50-day moving average of $11.88 and a 200-day moving average of $12.13. Cambria Tail Risk ETF has a one year low of $10.90 and a one year high of $14.67. The company has a market cap of $99.97 million, a price-to-earnings ratio of 23.34 and a beta of -0.31.

Cambria Tail Risk ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Thursday, September 18th were paid a dividend of $0.0476 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Thursday, September 18th.

About Cambria Tail Risk ETF

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.