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

CoreCap Advisors LLC cut its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,623 shares of the company’s stock after selling 34,072 shares during the period. CoreCap Advisors LLC owned about 0.17% of iMGP DBi Managed Futures Strategy ETF worth $3,581,000 at the end of the most recent quarter.

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

iMGP DBi Managed Futures Strategy ETF Stock Up 1.2%

NYSEARCA DBMF opened at $30.23 on Friday. 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 50 day moving average of $30.25 and a two-hundred day moving average of $28.98. The stock 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $1.168 dividend. This represents a $4.67 annualized dividend and a yield of 15.5%. This is a boost from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 30th.

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.