iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 76.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,530 shares of the company’s stock after selling 48,233 shares during the quarter. Integrated Advisors Network LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $409,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DBMF. Private Advisor Group LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 47.9% in the first quarter. Private Advisor Group LLC now owns 75,548 shares of the company’s stock valued at $2,167,000 after acquiring an additional 24,457 shares during the period. VitalStone Financial LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the 1st quarter valued at $326,000. Oppenheimer & Co. Inc. acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth $211,000. Nwam LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth $705,000. Finally, Innova Wealth Partners increased its stake in iMGP DBi Managed Futures Strategy ETF by 220.1% in the first quarter. Innova Wealth Partners now owns 136,228 shares of the company’s stock valued at $3,907,000 after purchasing an additional 93,666 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF opened at $26.93 on Friday. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.63. The firm has a 50-day simple moving average of $27.79 and a 200-day simple moving average of $28.80. The company has a market capitalization of $940.66 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were paid a $0.2507 dividend. The ex-dividend date of this dividend was Friday, September 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.