Signature Estate & Investment Advisors LLC Sells 1,796 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Signature Estate & Investment Advisors LLC lessened its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,701 shares of the company’s stock after selling 1,796 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $639,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. US Bancorp DE acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $29,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $42,000. Matrix Trust Co bought a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at about $111,000. Hobbs Group Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the second quarter valued at about $180,000. Finally, HBW Advisory Services LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the second quarter worth about $182,000.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.1 %

NYSEARCA:DBMF opened at $26.95 on Friday. The firm has a 50 day moving average of $27.62 and a 200-day moving average of $28.63. The stock has a market capitalization of $941.36 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.63.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were paid a $0.2507 dividend. The ex-dividend date was Friday, September 27th.

iMGP DBi Managed Futures Strategy ETF 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.