Cwm LLC Has $5 Million Stock Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Cwm LLC lowered its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 93.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 194,372 shares of the company’s stock after selling 2,585,000 shares during the period. Cwm LLC owned approximately 0.43% of iMGP DBi Managed Futures Strategy ETF worth $5,001,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Stonebridge Financial Group LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 25.7% during the 1st quarter. Stonebridge Financial Group LLC now owns 3,029 shares of the company’s stock valued at $77,000 after purchasing an additional 620 shares during the last quarter. Harbour Investments Inc. boosted its stake in iMGP DBi Managed Futures Strategy ETF by 2,027.9% during the 1st quarter. Harbour Investments Inc. now owns 8,235 shares of the company’s stock valued at $208,000 after purchasing an additional 7,848 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at about $224,000. West Michigan Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter valued at about $227,000. Finally, Focus Financial Network Inc. boosted its stake in iMGP DBi Managed Futures Strategy ETF by 12.2% during the 2nd quarter. Focus Financial Network Inc. now owns 9,440 shares of the company’s stock valued at $243,000 after purchasing an additional 1,023 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF stock opened at $28.20 on Thursday. 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 52-week low of $24.52 and a 52-week high of $28.54. The business has a 50-day simple moving average of $26.77 and a two-hundred day simple moving average of $25.88.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were given a dividend of $0.1411 per share. 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%.

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.