Rockefeller Capital Management L.P. Has $2.24 Million Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Rockefeller Capital Management L.P. boosted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 5.4% in the third quarter, Holdings Channel reports. The firm owned 79,508 shares of the company’s stock after purchasing an additional 4,041 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $2,237,000 at the end of the most recent reporting period.

A number of other hedge funds and 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 about $29,000. Concourse Financial Group Securities Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $42,000. Matrix Trust Co acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $111,000. Hobbs Group Advisors LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the second quarter worth about $180,000. Finally, Moors & Cabot Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $211,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.5 %

Shares of NYSEARCA DBMF opened at $27.35 on Friday. The company has a market cap of $955.34 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.60 and a 12 month high of $30.63. The stock has a 50-day moving average price of $27.33 and a two-hundred day moving average price of $28.37.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a dividend of $0.2507 per share. The ex-dividend date of this dividend 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.