iMGP DBi Managed Futures Strategy ETF $DBMF Shares Purchased by Entrewealth LLC

Entrewealth LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 29.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,463 shares of the company’s stock after purchasing an additional 26,795 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up about 1.7% of Entrewealth LLC’s portfolio, making the stock its 18th biggest holding. Entrewealth LLC owned approximately 0.18% of iMGP DBi Managed Futures Strategy ETF worth $3,208,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Inspire Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter worth about $207,000. Worth Asset Management LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at about $226,000. EverSource Wealth Advisors LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 29.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 8,977 shares of the company’s stock valued at $245,000 after acquiring an additional 2,047 shares in the last quarter. L2 Asset Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $246,000. Finally, Two Sigma Securities LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 2nd quarter worth approximately $266,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.81 on Friday. The stock has a market cap of $2.49 billion, a P/E ratio of 24.50 and a beta of -0.20. The stock’s 50 day simple moving average is $29.68 and its 200-day simple moving average is $28.52. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $24.52 and a 1-year high of $31.66.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $1.168 per share. The ex-dividend date was Tuesday, December 30th. This is a positive change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. This represents a $4.67 dividend on an annualized basis and a yield of 15.2%.

About iMGP DBi Managed Futures Strategy ETF

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.