iMGP DBi Managed Futures Strategy ETF $DBMF Shares Sold by Goldstein Advisors LLC

Goldstein Advisors LLC reduced its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 9.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,071,181 shares of the company’s stock after selling 108,854 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises about 3.6% of Goldstein Advisors LLC’s holdings, making the stock its 7th largest position. Goldstein Advisors LLC owned approximately 1.63% of iMGP DBi Managed Futures Strategy ETF worth $29,254,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank increased its holdings in iMGP DBi Managed Futures Strategy ETF by 467.1% in the first quarter. Comerica Bank now owns 20,835 shares of the company’s stock worth $526,000 after buying an additional 17,161 shares during the last quarter. MAI Capital Management increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1.1% during the 1st quarter. MAI Capital Management now owns 47,217 shares of the company’s stock worth $1,193,000 after purchasing an additional 510 shares during the last quarter. Pinnacle Family Advisors LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 5.2% during the 1st quarter. Pinnacle Family Advisors LLC now owns 16,760 shares of the company’s stock valued at $423,000 after purchasing an additional 836 shares in the last quarter. Upper Left Wealth Management LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 19.2% during the 2nd quarter. Upper Left Wealth Management LLC now owns 181,056 shares of the company’s stock valued at $4,659,000 after purchasing an additional 29,174 shares in the last quarter. Finally, Burt Wealth Advisors lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 80.3% in the 2nd quarter. Burt Wealth Advisors now owns 21,460 shares of the company’s stock valued at $552,000 after purchasing an additional 9,559 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.3%

Shares of NYSEARCA:DBMF opened at $28.06 on Friday. The stock has a market capitalization of $1.87 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 $29.66. The firm has a fifty day moving average price of $28.70 and a 200 day moving average price of $27.23.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $1.168 per share. This is a boost from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, December 30th. This represents a $4.67 annualized dividend and a dividend yield of 16.7%.

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.