iMGP DBi Managed Futures Strategy ETF $DBMF Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 46.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,387 shares of the company’s stock after buying an additional 6,489 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $525,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 82.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 82,765 shares of the company’s stock worth $2,091,000 after buying an additional 37,290 shares in the last quarter. ORG Partners LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 7.0% in the 2nd quarter. ORG Partners LLC now owns 14,785 shares of the company’s stock worth $381,000 after purchasing an additional 968 shares during the last quarter. Focus Financial Network Inc. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 12.2% in the 2nd quarter. Focus Financial Network Inc. now owns 9,440 shares of the company’s stock worth $243,000 after purchasing an additional 1,023 shares during the last quarter. Fortitude Family Office LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 9.2% in the 2nd quarter. Fortitude Family Office LLC now owns 339,371 shares of the company’s stock worth $8,732,000 after purchasing an additional 28,486 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 0.9% in the 1st quarter. Cetera Investment Advisers now owns 158,607 shares of the company’s stock worth $4,006,000 after purchasing an additional 1,395 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF opened at $28.22 on Friday. The company has a 50-day moving average of $26.88 and a 200-day moving average of $25.92. The company has a market capitalization of $1.84 billion, a P/E ratio of 24.50 and a beta of -0.14. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $24.52 and a 1-year high of $28.54.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 29th were given a $0.1411 dividend. The ex-dividend date of this dividend was Monday, September 29th. This represents a $0.56 annualized dividend and a dividend yield of 2.0%.

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.