Principia Wealth Advisory LLC Has $4.64 Million Stock Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Principia Wealth Advisory LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 33.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 151,459 shares of the company’s stock after acquiring an additional 37,617 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up 1.0% of Principia Wealth Advisory LLC’s holdings, making the stock its 12th largest position. Principia Wealth Advisory LLC owned 0.11% of iMGP DBi Managed Futures Strategy ETF worth $4,636,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DBMF. MBM Wealth Consultants LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 1st quarter worth $30,000. Highland Investment Advisors LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the second quarter worth $33,000. Capital Advisors Ltd. LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the first quarter worth $34,000. MidAtlantic Capital Management Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $48,000. Finally, Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $87,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

NYSEARCA:DBMF opened at $31.44 on Monday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $26.21 and a 1-year high of $31.66. The business’s 50-day moving average price is $31.05 and its two-hundred day moving average price is $30.81. The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of 24.50 and a beta of -0.19.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a $0.1529 dividend. The ex-dividend date was Monday, June 29th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.9%. This is a positive change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.12.

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.