Sound Financial Strategies Group LLC Makes New Investment in Cambria Fixed Income Trend ETF $CFIT

Sound Financial Strategies Group LLC bought a new position in shares of Cambria Fixed Income Trend ETF (BATS:CFIT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 584,134 shares of the company’s stock, valued at approximately $15,231,000. Cambria Fixed Income Trend ETF accounts for 9.7% of Sound Financial Strategies Group LLC’s portfolio, making the stock its 2nd largest position. Sound Financial Strategies Group LLC owned about 106.21% of Cambria Fixed Income Trend ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CFIT. Jane Street Group LLC purchased a new stake in Cambria Fixed Income Trend ETF in the first quarter worth $300,000. Ascentis Independent Advisors purchased a new position in Cambria Fixed Income Trend ETF during the first quarter valued at $320,000. Citadel Advisors LLC boosted its holdings in shares of Cambria Fixed Income Trend ETF by 102.1% during the 3rd quarter. Citadel Advisors LLC now owns 19,886 shares of the company’s stock valued at $499,000 after buying an additional 10,045 shares in the last quarter. Finally, Betterment LLC bought a new stake in shares of Cambria Fixed Income Trend ETF during the 2nd quarter valued at $1,186,000.

Cambria Fixed Income Trend ETF Trading Down 0.5%

Shares of Cambria Fixed Income Trend ETF stock opened at $25.69 on Wednesday. The company has a 50-day moving average of $25.87 and a 200 day moving average of $25.76. Cambria Fixed Income Trend ETF has a 1 year low of $24.42 and a 1 year high of $26.45.

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.