iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC trimmed its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,016 shares of the company’s stock after selling 1,842 shares during the period. Exchange Traded Concepts LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $682,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 11.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 17,132 shares of the company’s stock valued at $448,000 after acquiring an additional 1,767 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 31.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 45,475 shares of the company’s stock valued at $1,190,000 after acquiring an additional 10,815 shares in the last quarter. Comerica Bank boosted its stake in iMGP DBi Managed Futures Strategy ETF by 140.4% in the fourth quarter. Comerica Bank now owns 3,674 shares of the company’s stock valued at $96,000 after acquiring an additional 2,146 shares in the last quarter. Cerity Partners LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $836,000. Finally, Truist Financial Corp boosted its stake in iMGP DBi Managed Futures Strategy ETF by 13.9% in the fourth quarter. Truist Financial Corp now owns 312,986 shares of the company’s stock valued at $8,188,000 after acquiring an additional 38,255 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.1%

Shares of DBMF opened at $25.67 on Friday. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 24.50 and a beta of -0.17. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $24.52 and a twelve month high of $30.63. The company has a 50 day moving average of $25.30 and a two-hundred day moving average of $25.86.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.1789 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.