iMGP DBi Managed Futures Strategy ETF $DBMF Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 127,623 shares of the company’s stock after selling 34,072 shares during the quarter. CoreCap Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $3,581,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DBMF. Advisory Services Network LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth approximately $152,000. Worth Asset Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $226,000. EverSource Wealth Advisors LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 29.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 8,977 shares of the company’s stock valued at $245,000 after buying an additional 2,047 shares in the last quarter. L2 Asset Management LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at $246,000. Finally, Two Sigma Securities LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at $266,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA:DBMF opened at $30.23 on Friday. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $24.52 and a 12 month high of $31.66. The firm has a market capitalization of $2.45 billion, a P/E ratio of 24.50 and a beta of -0.20. The company’s fifty day moving average price is $30.25 and its 200 day moving average price is $28.98.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

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