27,978 iMGP DBi Managed Futures Strategy ETF $DBMF Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 983,562 shares of the company’s stock after buying an additional 27,978 shares during the quarter. Farther Finance Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $31,995,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Midwest Financial Group LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 0.4% in the 1st quarter. Midwest Financial Group LLC now owns 80,922 shares of the company’s stock valued at $2,440,000 after acquiring an additional 344 shares in the last quarter. Integrated Advisors Network LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 4.2% in the first quarter. Integrated Advisors Network LLC now owns 10,675 shares of the company’s stock worth $322,000 after purchasing an additional 427 shares during the period. Essential Partners LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.7% in the first quarter. Essential Partners LLC now owns 24,202 shares of the company’s stock worth $730,000 after purchasing an additional 629 shares during the period. Able Wealth Management LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.5% in the first quarter. Able Wealth Management LLC now owns 8,147 shares of the company’s stock worth $246,000 after purchasing an additional 641 shares during the period. Finally, Centaurus Financial Inc. raised its stake in iMGP DBi Managed Futures Strategy ETF by 2.0% in the first quarter. Centaurus Financial Inc. now owns 39,931 shares of the company’s stock valued at $1,204,000 after purchasing an additional 782 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF traded down $0.16 on Thursday, hitting $32.91. 2,836,872 shares of the stock were exchanged, compared to its average volume of 1,781,893. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $27.15 and a 12 month high of $33.38. The business has a 50-day moving average of $31.69 and a two-hundred day moving average of $31.05. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 24.50 and a beta of -0.21.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.1456 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 1.8%. This is a negative change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.1529. The ex-dividend date of this dividend was Tuesday, September 29th.

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.