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

OneDigital Investment Advisors LLC reduced its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 664,443 shares of the company’s stock after selling 24,780 shares during the period. OneDigital Investment Advisors LLC owned about 1.00% of iMGP DBi Managed Futures Strategy ETF worth $18,146,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Inspire Advisors LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the second quarter valued at $207,000. Worth Asset Management LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth about $226,000. L2 Asset Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $246,000. Brighton Jones LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 4.8% in the 2nd quarter. Brighton Jones LLC now owns 10,321 shares of the company’s stock valued at $266,000 after buying an additional 474 shares during the period. Finally, Two Sigma Securities LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter valued at about $266,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 1.2%

DBMF opened at $30.97 on Friday. The company’s 50-day moving average price is $29.34 and its 200 day moving average price is $28.19. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.52 and a fifty-two week high of $30.97. The firm has a market cap of $2.50 billion, a price-to-earnings 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. Stockholders of record on Tuesday, December 30th were given a dividend of $1.168 per share. This represents a $4.67 dividend on an annualized basis and a dividend yield of 15.1%. The ex-dividend date was Tuesday, December 30th. This is a positive change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14.

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.