iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stock Position Raised by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC increased its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 11.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,856 shares of the company’s stock after acquiring an additional 4,478 shares during the quarter. Twelve Points Wealth Management LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $1,262,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Midwest Financial Group LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.9% in the 1st quarter. Midwest Financial Group LLC now owns 62,826 shares of the company’s stock valued at $1,802,000 after purchasing an additional 1,798 shares during the period. Worth Asset Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth about $489,000. Dynamic Advisor Solutions LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.3% in the first quarter. Dynamic Advisor Solutions LLC now owns 58,469 shares of the company’s stock worth $1,677,000 after buying an additional 4,488 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the first quarter worth approximately $221,000. Finally, Janiczek Wealth Management LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 22.4% during the first quarter. Janiczek Wealth Management LLC now owns 23,089 shares of the company’s stock valued at $662,000 after acquiring an additional 4,226 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:DBMF opened at $27.64 on Thursday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.60 and a 52 week high of $30.63. The company has a market cap of $965.47 million, a PE ratio of 24.50 and a beta of 0.04. The firm has a 50 day simple moving average of $27.89 and a 200 day simple moving average of $28.93.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

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