B.O.S.S. Retirement Advisors LLC Has $1.84 Million Stock Position in Cambria Tail Risk ETF (BATS:TAIL)

B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Cambria Tail Risk ETF (BATS:TAIL) by 63.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 135,591 shares of the company’s stock after purchasing an additional 52,476 shares during the period. B.O.S.S. Retirement Advisors LLC owned about 0.88% of Cambria Tail Risk ETF worth $1,841,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. AE Wealth Management LLC increased its position in Cambria Tail Risk ETF by 93.6% during the 2nd quarter. AE Wealth Management LLC now owns 2,440,460 shares of the company’s stock worth $33,141,000 after purchasing an additional 1,179,932 shares in the last quarter. Citizens Financial Group Inc RI bought a new position in Cambria Tail Risk ETF in the 1st quarter valued at approximately $9,772,000. NewEdge Advisors LLC lifted its stake in Cambria Tail Risk ETF by 7,067.8% in the 1st quarter. NewEdge Advisors LLC now owns 392,077 shares of the company’s stock valued at $5,764,000 after purchasing an additional 386,607 shares during the last quarter. Susquehanna International Group LLP bought a new position in Cambria Tail Risk ETF in the 4th quarter valued at approximately $3,188,000. Finally, Cetera Investment Advisers bought a new position in Cambria Tail Risk ETF in the 1st quarter valued at approximately $3,046,000.

Cambria Tail Risk ETF Price Performance

TAIL traded up $0.03 on Friday, reaching $13.07. The stock had a trading volume of 29,428 shares. The firm’s fifty day moving average price is $13.32 and its 200-day moving average price is $14.04. The stock has a market cap of $171.22 million, a P/E ratio of 18.44 and a beta of -0.55.

Cambria Tail Risk ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, July 3rd. Shareholders of record on Friday, June 23rd were issued a $0.1213 dividend. The ex-dividend date of this dividend was Thursday, June 22nd.

Cambria Tail Risk ETF 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.