Harbour Investments Inc. Purchases 698 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Harbour Investments Inc. grew its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 8.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,933 shares of the company’s stock after acquiring an additional 698 shares during the quarter. Harbour Investments Inc.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in DBMF. LPL Financial LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 1,580.4% in the 1st quarter. LPL Financial LLC now owns 4,907,416 shares of the company’s stock worth $123,961,000 after acquiring an additional 4,615,371 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 47.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,666 shares of the company’s stock valued at $49,855,000 after purchasing an additional 638,360 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 166.5% during the 1st quarter. Raymond James Financial Inc. now owns 829,680 shares of the company’s stock valued at $20,958,000 after purchasing an additional 518,346 shares during the last quarter. CWM LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 12.7% during the 1st quarter. CWM LLC now owns 2,779,372 shares of the company’s stock valued at $70,207,000 after purchasing an additional 312,802 shares during the last quarter. Finally, Rockland Trust Co. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter valued at approximately $7,542,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

NYSEARCA DBMF opened at $28.43 on Wednesday. The company has a market cap of $1.85 billion, a P/E ratio of 24.50 and a beta of -0.14. The business’s 50 day moving average price is $26.99 and its 200-day moving average price is $25.98. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.52 and a fifty-two week high of $28.73.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were given a dividend of $0.1411 per share. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.56 annualized dividend and a dividend yield of 2.0%.

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.