iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Announces Dividend of $0.18

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1789 per share on Monday, March 31st. The ex-dividend date of this dividend is Thursday, March 27th.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of DBMF traded down $0.10 during mid-day trading on Thursday, hitting $25.43. The company’s stock had a trading volume of 3,178,570 shares, compared to its average volume of 522,209. The firm has a 50-day moving average price of $26.05 and a 200 day moving average price of $26.85. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.71 and a fifty-two week high of $30.63.

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.