iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stock to Pay Quarterly Dividend of $0.15

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) declared a quarterly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.1456 per share on Wednesday, September 30th. This represents a $0.58 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 4.8% decrease from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.1529.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.4%

DBMF opened at $32.61 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $27.15 and a twelve month high of $32.80. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 24.50 and a beta of -0.19. The company has a fifty day simple moving average of $31.47 and a 200 day simple moving average of $30.95.

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.