Centaurus Financial Inc. Buys 22,365 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Centaurus Financial Inc. boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 207.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,150 shares of the company’s stock after buying an additional 22,365 shares during the quarter. Centaurus Financial Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $905,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Advisory Services Network LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $152,000. Inspire Advisors LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter worth approximately $207,000. Worth Asset Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth approximately $226,000. EverSource Wealth Advisors LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 29.5% in the third 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 during the last quarter. Finally, L2 Asset Management LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the second quarter valued at approximately $246,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

NYSEARCA:DBMF opened at $30.24 on Friday. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.52 and a fifty-two week high of $31.66. The company has a 50 day simple moving average of $30.12 and a two-hundred day simple moving average of $28.83. The company has a market capitalization of $2.45 billion, a PE ratio of 24.50 and a beta of -0.20.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $1.168 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $4.67 dividend on an annualized basis and a dividend yield of 15.4%. This is an increase from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14.

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.