Cabana LLC Raises Position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Cabana LLC lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 21.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 85,268 shares of the company’s stock after acquiring an additional 14,914 shares during the quarter. iShares GSCI Commodity Dynamic Roll Strategy ETF comprises about 10.7% of Cabana LLC’s investment portfolio, making the stock its 5th biggest holding. Cabana LLC’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $2,158,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC bought a new stake in iShares GSCI Commodity Dynamic Roll Strategy ETF during the second quarter worth approximately $220,000. Prosperity Planning Inc. boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.0% during the third quarter. Prosperity Planning Inc. now owns 19,850 shares of the company’s stock worth $514,000 after buying an additional 944 shares in the last quarter. EWG Elevate Inc. boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 9.5% during the third quarter. EWG Elevate Inc. now owns 23,239 shares of the company’s stock worth $602,000 after buying an additional 2,018 shares in the last quarter. Axiom Advisory LLC boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 11.4% during the third quarter. Axiom Advisory LLC now owns 5,530,030 shares of the company’s stock worth $144,969,000 after buying an additional 564,318 shares in the last quarter. Finally, Atomi Financial Group Inc. boosted its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.0% during the third quarter. Atomi Financial Group Inc. now owns 175,322 shares of the company’s stock worth $4,543,000 after buying an additional 5,183 shares in the last quarter. Institutional investors and hedge funds own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Performance

Shares of NASDAQ:COMT opened at $26.23 on Tuesday. The stock has a market capitalization of $710.83 million, a price-to-earnings ratio of -12.67 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 1-year low of $24.44 and a 1-year high of $28.22. The company has a 50 day moving average price of $25.87 and a 200 day moving average price of $26.02.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $1.2401 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio is -59.90%.

iShares GSCI Commodity Dynamic Roll Strategy ETF Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.