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

Comprehensive Money Management Services LLC boosted its position in Cambria Tail Risk ETF (BATS:TAIL) by 324.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 73,146 shares of the company’s stock after acquiring an additional 55,925 shares during the period. Comprehensive Money Management Services LLC’s holdings in Cambria Tail Risk ETF were worth $877,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of TAIL. ORG Partners LLC lifted its stake in Cambria Tail Risk ETF by 39.4% in the 1st quarter. ORG Partners LLC now owns 129,037 shares of the company’s stock valued at $1,520,000 after purchasing an additional 36,453 shares during the last quarter. Advisor Resource Council acquired a new stake in Cambria Tail Risk ETF in the 1st quarter valued at about $721,000. Professional Financial Advisors LLC lifted its stake in Cambria Tail Risk ETF by 23.8% in the 1st quarter. Professional Financial Advisors LLC now owns 146,808 shares of the company’s stock valued at $1,729,000 after purchasing an additional 28,268 shares during the last quarter. Western Wealth Management LLC acquired a new stake in Cambria Tail Risk ETF in the 1st quarter valued at about $4,440,000. Finally, Goodman Advisory Group LLC acquired a new stake in Cambria Tail Risk ETF in the 1st quarter valued at about $12,339,000.

Cambria Tail Risk ETF Stock Performance

Shares of BATS:TAIL opened at $12.05 on Friday. Cambria Tail Risk ETF has a 52-week low of $10.90 and a 52-week high of $14.67. The company has a market capitalization of $99.97 million, a P/E ratio of 23.34 and a beta of -0.31. The company has a 50-day simple moving average of $11.88 and a 200 day simple moving average of $12.13.

Cambria Tail Risk ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Thursday, September 18th were issued a $0.0476 dividend. This represents a $0.19 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Thursday, September 18th.

Cambria Tail Risk ETF Company Profile

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.