17,046 Shares in iMGP DBi Managed Futures Strategy ETF $DBMF Purchased by Good Steward Wealth Advisors LLC

Good Steward Wealth Advisors LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 17,046 shares of the company’s stock, valued at approximately $466,000.

Several other institutional investors have also recently made changes to their positions in DBMF. Rockland Trust Co. boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 62.4% in the 3rd quarter. Rockland Trust Co. now owns 475,948 shares of the company’s stock valued at $12,998,000 after buying an additional 182,808 shares during the last quarter. Midwest Financial Group LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 1.8% in the third quarter. Midwest Financial Group LLC now owns 73,005 shares of the company’s stock valued at $1,994,000 after acquiring an additional 1,306 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $344,000. New York Life Investment Management LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 21.1% during the 3rd quarter. New York Life Investment Management LLC now owns 574,888 shares of the company’s stock worth $15,700,000 after purchasing an additional 100,068 shares during the last quarter. Finally, Cardinal Point Capital Management ULC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 3.5% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 1,123,011 shares of the company’s stock valued at $31,411,000 after purchasing an additional 38,016 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:DBMF opened at $30.16 on Friday. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.52 and a 52-week high of $30.68. The company has a market capitalization of $2.44 billion, a P/E ratio of 24.50 and a beta of -0.20. The company has a 50-day simple moving average of $29.14 and a 200 day simple moving average of $27.97.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

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

About iMGP DBi Managed Futures Strategy ETF

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.