iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by Optivise Advisory Services LLC

Optivise Advisory Services LLC reduced its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,135 shares of the company’s stock after selling 4,299 shares during the period. iMGP DBi Managed Futures Strategy ETF accounts for about 1.1% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 21st largest position. Optivise Advisory Services LLC owned about 0.22% of iMGP DBi Managed Futures Strategy ETF worth $1,966,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kestra Investment Management LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth approximately $39,000. Transce3nd LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $49,000. Stonebridge Financial Group LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $63,000. New Wave Wealth Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $67,000. Finally, Elevation Wealth Partners LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $120,000.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.1 %

Shares of NYSEARCA:DBMF opened at $25.13 on Monday. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15. The stock’s 50-day moving average price is $25.50 and its two-hundred day moving average price is $26.44. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $24.52 and a 12-month high of $30.63.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.1789 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

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.