iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stake Lifted by Naviter Wealth LLC

Naviter Wealth LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,684,500 shares of the company’s stock after purchasing an additional 48,446 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises 6.6% of Naviter Wealth LLC’s portfolio, making the stock its largest position. Naviter Wealth LLC owned about 4.82% of iMGP DBi Managed Futures Strategy ETF worth $47,385,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of DBMF. Sterneck Capital Management LLC lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 0.8% in the 2nd quarter. Sterneck Capital Management LLC now owns 47,787 shares of the company’s stock valued at $1,436,000 after purchasing an additional 367 shares in the last quarter. Lake Street Private Wealth LLC grew its stake in iMGP DBi Managed Futures Strategy ETF by 2.8% during the first quarter. Lake Street Private Wealth LLC now owns 25,543 shares of the company’s stock worth $733,000 after buying an additional 693 shares during the period. City Center Advisors LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.2% in the third quarter. City Center Advisors LLC now owns 26,481 shares of the company’s stock worth $745,000 after acquiring an additional 822 shares in the last quarter. Perigon Wealth Management LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% in the first quarter. Perigon Wealth Management LLC now owns 42,531 shares of the company’s stock worth $1,220,000 after acquiring an additional 943 shares in the last quarter. Finally, Midwest Financial Group LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1.9% in the 2nd quarter. Midwest Financial Group LLC now owns 63,991 shares of the company’s stock valued at $1,924,000 after acquiring an additional 1,165 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

iMGP DBi Managed Futures Strategy ETF stock traded down $0.05 during trading on Thursday, reaching $27.59. 14,825 shares of the company’s stock were exchanged, compared to its average volume of 335,107. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.60 and a 52-week high of $30.63. The firm has a market cap of $963.72 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. The company’s 50-day moving average is $27.89 and its two-hundred day moving average is $28.93.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, September 30th. Stockholders 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 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.