iMGP DBi Managed Futures Strategy ETF $DBMF Stock Purchased by Worth Asset Management LLC

Worth Asset Management LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 34.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,102 shares of the company’s stock after purchasing an additional 17,277 shares during the period. Worth Asset Management LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $2,183,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. TIAA Trust National Association purchased a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $87,820,000. Bank of America Corp DE boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 625.1% during the first quarter. Bank of America Corp DE now owns 1,519,544 shares of the company’s stock worth $45,814,000 after buying an additional 1,309,969 shares in the last quarter. Prentice Wealth Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the first quarter worth about $13,136,000. LPL Financial LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 6.7% during the fourth quarter. LPL Financial LLC now owns 5,637,634 shares of the company’s stock worth $158,192,000 after buying an additional 355,157 shares during the period. Finally, Gainline Financial Partners LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the second quarter valued at about $5,998,000.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.1%

Shares of NYSEARCA:DBMF traded down $0.03 during trading on Wednesday, hitting $33.02. 1,386,582 shares of the stock were exchanged, compared to its average volume of 1,769,654. The company has a market cap of $5.32 billion, a PE ratio of 24.50 and a beta of -0.21. The company has a fifty day moving average price of $31.65 and a two-hundred day moving average price of $31.03. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $27.15 and a 12-month high of $33.38.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were given a $0.1456 dividend. This is a decrease from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.1529. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 29th.

iMGP DBi Managed Futures Strategy ETF 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.