Cambria Global Real Estate ETF (BLDG) NPORT-P Cambria Micro and Small Cap Shareholder Yield ETF (Jul 2024 report)

Cambria Micro and SmallCap Shareholder Yield ETF
Schedule of Investments
July 31, 2024 (Unaudited)
Sector Weightings
Cambria Micro and SmallCap Shareholder Yield ETF
Common Stocks
Financials	20.8	%
Industrials	18.6	%
Consumer Discretionary	17.3	%
Energy	14.5	%
Materials	8.1	%
Communication Services	4.9	%
Information Technology	4.4	%
Health Care	2.1	%
Consumer Staples	2.1	%
Utilities	1.1	%
Closed End Funds	6.1	%
	100.0	%
Percentages are stated as a percent of total investments, excluding short-term investments and investments purchased with proceeds from securities lending.

	Shares		Value
Common Stocks - 89.8%
Communication Services - 4.7%
Nexstar Media Group, Inc.		2,073	$	383,070
Scholastic Corp.		9,425		295,285
Sinclair, Inc.		28,500		438,330
Spok Holdings, Inc.		22,773		349,110
TEGNA, Inc.		23,324		371,551
				1,837,346
Consumer Discretionary - 16.5%
Academy Sports & Outdoors, Inc.		5,617		303,711
Adtalem Global Education, Inc. (a)		5,411		424,276
Asbury Automotive Group, Inc. (a)		1,672		450,136
Buckle, Inc.		162		6,997
Caleres, Inc.		10,662		411,127
Carter's, Inc.		4,430		268,236
Ethan Allen Interiors, Inc.		11,043		340,897
Foot Locker, Inc.		231		6,713
KB Home		5,284		454,847
Kohl's Corp.		15,137		327,867
Landsea Homes Corp. (a)		27,998		341,016
Monarch Casino & Resort, Inc.		5,268		412,379
ODP Corp. (a)		7,078		299,045
Patrick Industries, Inc.		3,062		392,120
Perdoceo Education Corp.		20,207		500,932
Solo Brands, Inc. - Class A (a)		168,638		403,045
Steven Madden Ltd.		8,979		407,108
Sturm Ruger & Co., Inc.		136		6,135
Travel + Leisure Co.		7,542		347,611
Under Armour, Inc. - Class C (a)		903		6,131
Upbound Group, Inc.		10,523		397,033
				6,507,362
Consumer Staples - 2.0%
Cal-Maine Foods, Inc.		5,926		424,124
Edgewell Personal Care Co.		9,232		361,433
				785,557
Energy - 13.9%
Berry Corp.		45,030		308,906
California Resources Corp.		6,577		338,321
CNX Resources Corp. (a)		15,605		413,064
CONSOL Energy, Inc. (a)		4,289		428,085
CVR Energy, Inc.		10,331		295,467
Dorian LPG Ltd.		9,603		392,378
Gulfport Energy Corp. (a)		2,267		333,725
Helmerich & Payne, Inc.		8,200		331,444
International Seaways, Inc.		6,333		354,648
Liberty Energy, Inc.		18,191		439,313
Newpark Resources, Inc. (a)		859		7,095
Peabody Energy Corp.		15,968		354,649
Sitio Royalties Corp. - Class A		15,234		370,948
SM Energy Co.		6,895		318,549
VAALCO Energy, Inc.		55,738		399,084
World Kinect Corp.		13,746		383,926
				5,469,602
Financials - 19.9%
Bancorp, Inc. (a)		10,794		559,561
Brighthouse Financial, Inc. (a)		7,025		350,337
Brookfield Asset Management Ltd.		52		2,269
Cathay General Bancorp		168		7,446
CNO Financial Group, Inc.		13,312		464,056
Employers Holdings, Inc.		7,990		383,600
Enact Holdings, Inc.		11,617		395,327
First Busey Corp.		271		7,436
Genworth Financial, Inc. (a)		56,469		382,295
Horace Mann Educators Corp.		173		5,981
International Bancshares Corp.		6,603		445,306
Jackson Financial, Inc.		5,437		478,782
Lincoln National Corp.		11,566		385,148
Marqeta, Inc. - Class A (a)		59,644		321,481
MGIC Investment Corp.		16,332		405,687
Mr. Cooper Group, Inc. (a)		4,863		437,086
Navient Corp.		21,029		345,086
Pathward Financial, Inc.		7,043		475,684
PROG Holdings, Inc.		10,645		479,664
Radian Group, Inc.		11,042		409,658
SLM Corp.		16,999		385,707
Universal Insurance Holdings, Inc.		18,660		369,655
Westamerica Bancorp		132		7,123
Western Union Co.		26,269		312,338
				7,816,713
Health Care - 2.0%
Innoviva, Inc. (a)		23,785		448,109
Patterson Cos., Inc.		13,020		328,755
				776,864
Industrials - 17.8%
ACCO Brands Corp.		66,053		337,531
Apogee Enterprises, Inc.		6,394		438,884
Atkore, Inc.		2,062		278,370
Brady Corp. - Class A		6,162		441,261
Deluxe Corp.		17,747		432,672
Gates Industrial Corp. PLC (a)		22,710		422,179
Genco Shipping & Trading Ltd.		17,360		336,958
GMS, Inc. (a)		4,200		404,166
Greenbrier Cos., Inc.		7,248		369,720
Insteel Industries, Inc.		10,399		356,166
Kelly Services, Inc. - Class A		14,510		341,420
Kennametal, Inc.		15,365		401,641
ManpowerGroup, Inc.		4,975		380,985
Matson, Inc.		3,090		410,074
MillerKnoll, Inc.		11,817		366,563
Pangaea Logistics Solutions Ltd.		918		6,665
Proto Labs, Inc. (a)		179		6,233
REV Group, Inc.		20,224		590,136
SkyWest, Inc. (a)		5,156		412,171
Wabash National Corp.		12,684		272,579
				7,006,374
Information Technology - 4.2%
ASGN, Inc. (a)		4,076		385,875
DXC Technology Co. (a)		16,829		342,302
Immersion Corp.		52,393		669,059
Xerox Holdings Corp.		22,773		245,151
				1,642,387
Materials - 7.8%
Alpha Metallurgical Resources, Inc.		1,188		350,947
Arch Resources, Inc.		2,386		349,668
Kronos Worldwide, Inc.		32,214		385,280
LSB Industries, Inc. (a)		44,746		407,636
Ramaco Resources, Inc.		29,992		407,891
Ryerson Holding Corp.		11,637		276,844
SunCoke Energy, Inc.		37,434		437,978
Sylvamo Corp.		6,063		446,904
				3,063,148
Utilities - 1.0%
ALLETE, Inc.		6,293		405,898
Total Common Stocks (Cost $32,009,585)				35,311,251
Closed End Funds - 5.8%
Bain Capital Specialty Finance, Inc.		22,280		373,413
Barings BDC, Inc.		36,736		368,829
BlackRock TCP Capital Corp.		611		6,458
Carlyle Secured Lending, Inc.		22,016		388,803
CION Investment Corp.		33,813		414,547
Goldman Sachs BDC, Inc.		23,240		348,368
PennantPark Investment Corp. (b)		53,630		390,963
Total Closed End Funds (Cost $2,178,235)				2,291,381
Short-Term Investments - 4.8%
Investments Purchased with Proceeds from Securities Lending - 0.4%
First American Government Obligations Fund - Class X, 5.23% (c)		180,000		180,000
Money Market Funds - 4.4% First American Treasury Obligations Fund - Class X, 5.20% (c)		1,725,476		1,725,476
Total Short-Term Investments (Cost $1,905,476)				1,905,476
Total Investments - 100.4% (Cost $36,093,296)				39,508,108
Liabilities in Excess of Other Assets - (0.4%)				(156,342	)
Total Net Assets - 100.0%			$	39,351,766
Percentages are stated as a percent of net assets.
BDC - Business Development Company

PLC - Public Limited Company

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan as of July 31, 2024. The total market value of these securities was $174,960 which represented 0.4% of net assets.
(c)	The rate shown represents the 7-day annualized effective yield as of July 31, 2024.

The Global Industry Classification Standard (GICS^®) was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor Financial Services LLC ("S&P"). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. 

Cambria Micro and SmallCap Shareholder Yield ETF

	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks	$	35,311,251	$	–	$	–	$	35,311,251
Closed End Funds		2,291,381		–		–		2,291,381
Investments Purchased with Proceeds from Securities Lending		180,000		–		–		180,000
Money Market Funds		1,725,476		–		–		1,725,476
Total Assets	$	39,508,108	$	–	$	–	$	39,508,108
Refer to the Schedule of Investments for further disaggregation of investment categories.