Greenwood Capital Associates LLC Increases Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Greenwood Capital Associates LLC increased its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 24.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,874 shares of the company’s stock after acquiring an additional 3,269 shares during the period. Greenwood Capital Associates LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $434,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DBMF. LPL Financial LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 1,580.4% in the first quarter. LPL Financial LLC now owns 4,907,416 shares of the company’s stock worth $123,961,000 after acquiring an additional 4,615,371 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iMGP DBi Managed Futures Strategy ETF by 47.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,666 shares of the company’s stock valued at $49,855,000 after buying an additional 638,360 shares during the period. Raymond James Financial Inc. boosted its position in iMGP DBi Managed Futures Strategy ETF by 166.5% during the first quarter. Raymond James Financial Inc. now owns 829,680 shares of the company’s stock valued at $20,958,000 after buying an additional 518,346 shares during the period. CWM LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 12.7% during the first quarter. CWM LLC now owns 2,779,372 shares of the company’s stock valued at $70,207,000 after buying an additional 312,802 shares during the period. Finally, Rockland Trust Co. purchased a new stake in iMGP DBi Managed Futures Strategy ETF during the second quarter valued at about $7,542,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.4%

NYSEARCA DBMF opened at $27.56 on Friday. The company has a 50-day simple moving average of $26.39 and a two-hundred day simple moving average of $25.74. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $24.52 and a 12-month high of $27.80. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 24.50 and a beta of -0.14.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The firm also recently declared 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. This represents a $0.56 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, September 29th.

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.