AE Wealth Management LLC Buys 4,605 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

AE Wealth Management LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,986 shares of the company’s stock after buying an additional 4,605 shares during the quarter. AE Wealth Management LLC owned about 0.06% of iMGP DBi Managed Futures Strategy ETF worth $669,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. ORG Partners LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 7.0% in the 2nd quarter. ORG Partners LLC now owns 14,785 shares of the company’s stock worth $381,000 after purchasing an additional 968 shares in the last quarter. Focus Financial Network Inc. increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 12.2% in the second quarter. Focus Financial Network Inc. now owns 9,440 shares of the company’s stock valued at $243,000 after purchasing an additional 1,023 shares during the period. Fortitude Family Office LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 9.2% in the second quarter. Fortitude Family Office LLC now owns 339,371 shares of the company’s stock valued at $8,732,000 after buying an additional 28,486 shares during the last quarter. Fermata Advisors LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 16.2% in the 2nd quarter. Fermata Advisors LLC now owns 131,305 shares of the company’s stock worth $3,378,000 after buying an additional 18,333 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 0.9% during the first quarter. Cetera Investment Advisers now owns 158,607 shares of the company’s stock worth $4,006,000 after purchasing an additional 1,395 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF opened at $28.60 on Friday. The company has a fifty day moving average of $27.81 and a 200 day moving average of $26.38. The company has a market capitalization of $1.90 billion, a PE ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.52 and a 1 year high of $28.94.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were paid a $0.1411 dividend. The ex-dividend date was Monday, September 29th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.0%.

iMGP DBi Managed Futures Strategy ETF Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.