Nwam LLC Has $820,000 Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Nwam LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 19.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,991 shares of the company’s stock after acquiring an additional 5,180 shares during the period. Nwam LLC owned about 0.07% of iMGP DBi Managed Futures Strategy ETF worth $820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in DBMF. Harbour Investments Inc. raised its position in iMGP DBi Managed Futures Strategy ETF by 2,027.9% during the first 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 in the last quarter. West Michigan Advisors LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 1st quarter valued at $227,000. Focus Financial Network Inc. raised its holdings in shares of 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 worth $243,000 after buying an additional 1,023 shares in the last quarter. Advyzon Investment Management LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 11.5% during the 1st quarter. Advyzon Investment Management LLC now owns 10,539 shares of the company’s stock worth $266,000 after buying an additional 1,088 shares in the last quarter. Finally, Brighton Jones LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 4.8% during the 2nd quarter. Brighton Jones LLC now owns 10,321 shares of the company’s stock worth $266,000 after buying an additional 474 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.6%

NYSEARCA:DBMF opened at $28.65 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $24.52 and a twelve month high of $28.73. The stock’s 50-day simple moving average is $27.70 and its 200 day simple moving average is $26.34. The firm has a market capitalization of $1.91 billion, a PE ratio of 24.50 and a beta of -0.20.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

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