iMGP DBi Managed Futures Strategy ETF $DBMF Shares Bought by Austin Wealth Management LLC

Austin Wealth Management LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 9.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 610,122 shares of the company’s stock after acquiring an additional 50,363 shares during the quarter. iMGP DBi Managed Futures Strategy ETF makes up approximately 2.7% of Austin Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Austin Wealth Management LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $17,297,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Elyxium Wealth LLC raised its position in iMGP DBi Managed Futures Strategy ETF by 74.4% in the third quarter. Elyxium Wealth LLC now owns 92,990 shares of the company’s stock valued at $2,540,000 after purchasing an additional 39,670 shares during the last quarter. Savant Capital LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% in the third quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock valued at $26,419,000 after buying an additional 262,849 shares during the period. Envestnet Asset Management Inc. raised its holdings in iMGP DBi Managed Futures Strategy ETF by 2.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 651,561 shares of the company’s stock valued at $17,794,000 after buying an additional 18,243 shares during the last quarter. Family Office Research LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 5.0% during the 3rd quarter. Family Office Research LLC now owns 34,120 shares of the company’s stock worth $932,000 after buying an additional 1,633 shares during the period. Finally, Howard Bailey Securities LLC grew its holdings in iMGP DBi Managed Futures Strategy ETF by 1.9% during the 3rd quarter. Howard Bailey Securities LLC now owns 53,382 shares of the company’s stock worth $1,458,000 after acquiring an additional 999 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 3.3%

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.16 on Friday. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $24.52 and a twelve month high of $30.51. The company’s fifty day moving average is $29.00 and its 200 day moving average is $27.85.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $1.168 dividend. This is a boost from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Tuesday, December 30th. This represents a $4.67 dividend on an annualized basis and a dividend yield of 15.5%.

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.