iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Sees Unusually-High Trading Volume – Here’s Why

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) shares saw unusually-high trading volume on Monday . Approximately 15,842,804 shares were traded during trading, an increase of 1,495% from the previous session’s volume of 993,484 shares.The stock last traded at $30.9850 and had previously closed at $30.97.

iMGP DBi Managed Futures Strategy ETF Price Performance

The stock has a market cap of $2.50 billion, a PE ratio of 24.50 and a beta of -0.20. The stock’s fifty day moving average is $29.34 and its 200-day moving average is $28.20.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advyzon Investment Management LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 3.8% in the third quarter. Advyzon Investment Management LLC now owns 11,415 shares of the company’s stock valued at $312,000 after acquiring an additional 421 shares in the last quarter. Proactive Wealth Strategies LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 2.2% during the 4th quarter. Proactive Wealth Strategies LLC now owns 20,078 shares of the company’s stock worth $563,000 after buying an additional 432 shares during the last quarter. Brighton Jones LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 4.8% during the second quarter. Brighton Jones LLC now owns 10,321 shares of the company’s stock worth $266,000 after buying an additional 474 shares during the period. Focus Financial Network Inc. lifted its stake in iMGP DBi Managed Futures Strategy ETF by 7.2% in the third quarter. Focus Financial Network Inc. now owns 10,115 shares of the company’s stock valued at $276,000 after buying an additional 675 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 5.1% in the fourth quarter. Orion Porfolio Solutions LLC now owns 19,083 shares of the company’s stock valued at $535,000 after acquiring an additional 932 shares during the period.

iMGP DBi Managed Futures Strategy ETF Company 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.