Leelyn Smith LLC Increases Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Leelyn Smith LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 259,877 shares of the company’s stock after purchasing an additional 6,616 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up approximately 1.1% of Leelyn Smith LLC’s portfolio, making the stock its 16th largest position. Leelyn Smith LLC owned about 0.57% of iMGP DBi Managed Futures Strategy ETF worth $6,687,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. MAI Capital Management increased its holdings in iMGP DBi Managed Futures Strategy ETF by 1.1% in the first quarter. MAI Capital Management now owns 47,217 shares of the company’s stock valued at $1,193,000 after buying an additional 510 shares in the last quarter. Stonebridge Financial Group LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 25.7% in the 1st quarter. Stonebridge Financial Group LLC now owns 3,029 shares of the company’s stock worth $77,000 after acquiring an additional 620 shares during the period. Harbour Investments Inc. grew its stake in iMGP DBi Managed Futures Strategy ETF by 8.5% in the 2nd quarter. Harbour Investments Inc. now owns 8,933 shares of the company’s stock worth $230,000 after acquiring an additional 698 shares during the period. Sterneck Capital Management LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1.7% in the 2nd quarter. Sterneck Capital Management LLC now owns 44,052 shares of the company’s stock valued at $1,133,000 after purchasing an additional 733 shares during the last quarter. Finally, Pinnacle Family Advisors LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 5.2% in the 1st quarter. Pinnacle Family Advisors LLC now owns 16,760 shares of the company’s stock valued at $423,000 after purchasing an additional 836 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4%

Shares of DBMF opened at $28.50 on Friday. The firm has a market cap of $1.85 billion, a PE ratio of 24.50 and a beta of -0.14. The company’s fifty day moving average is $27.13 and its two-hundred day moving average is $26.05. 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 firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were issued a dividend of $0.1411 per share. The ex-dividend date 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.