Fermata Advisors LLC Has $5.03 Million Stock Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Fermata Advisors LLC lifted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 33.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,200 shares of the company’s stock after buying an additional 45,373 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises 1.2% of Fermata Advisors LLC’s holdings, making the stock its 26th largest position. Fermata Advisors LLC owned 0.24% of iMGP DBi Managed Futures Strategy ETF worth $5,028,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Parcion Private Wealth LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $41,968,000. Raymond James Financial Inc. raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% during the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock worth $33,078,000 after purchasing an additional 455,884 shares during the period. Innova Wealth Partners raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 1,178.7% during the fourth quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock worth $12,025,000 after purchasing an additional 395,047 shares during the period. Tidal Investments LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 107.3% during the 3rd quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock valued at $19,201,000 after purchasing an additional 363,998 shares in the last quarter. Finally, Savant Capital LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% during the 3rd quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock valued at $26,419,000 after purchasing an additional 262,849 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF opened at $29.81 on Friday. The stock has a 50 day simple moving average of $30.15 and a 200 day simple moving average of $28.87. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.52 and a 52-week high of $31.66. The firm has a market capitalization of $2.41 billion, a PE ratio of 24.50 and a beta of -0.20.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a $1.168 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This is an increase 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 15.7%.

iMGP DBi Managed Futures Strategy ETF Company 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.