iMGP DBi Managed Futures Strategy ETF $DBMF Holdings Decreased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lowered its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 664,443 shares of the company’s stock after selling 24,780 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $18,146,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parcion Private Wealth LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $41,968,000. Raymond James Financial Inc. boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% in the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after acquiring an additional 455,884 shares in the last quarter. Cardinal Point Capital Management ULC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 3.5% during the third quarter. Cardinal Point Capital Management ULC now owns 1,123,011 shares of the company’s stock valued at $31,411,000 after acquiring an additional 38,016 shares during the period. Savant Capital LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% during the third quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock valued at $26,419,000 after acquiring an additional 262,849 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in iMGP DBi Managed Futures Strategy ETF by 2.9% during the third quarter. Envestnet Asset Management Inc. now owns 651,561 shares of the company’s stock worth $17,794,000 after purchasing an additional 18,243 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF opened at $30.97 on Friday. The business has a 50 day moving average price of $29.34 and a two-hundred day moving average price of $28.19. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $24.52 and a 1-year high of $30.97.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $1.168 per share. This is an increase from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. This represents a $4.67 annualized dividend and a yield of 15.1%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.