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

Nwam LLC grew its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 19.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 31,991 shares of the company’s stock after acquiring an additional 5,180 shares during the period. Nwam LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $820,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its position in 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 acquiring an additional 474 shares during the last quarter. MAI Capital Management boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1.1% during the first quarter. MAI Capital Management now owns 47,217 shares of the company’s stock valued at $1,193,000 after purchasing an additional 510 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 8.5% during the second quarter. Harbour Investments Inc. now owns 8,933 shares of the company’s stock valued at $230,000 after purchasing an additional 698 shares in the last quarter. Sterneck Capital Management LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1.7% during the second quarter. Sterneck Capital Management LLC now owns 44,052 shares of the company’s stock worth $1,133,000 after purchasing an additional 733 shares during the last quarter. Finally, Pinnacle Family Advisors LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 5.2% in the first quarter. Pinnacle Family Advisors LLC now owns 16,760 shares of the company’s stock valued at $423,000 after buying an additional 836 shares during the period.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of NYSEARCA DBMF opened at $28.65 on Wednesday. The company has a 50 day simple moving average of $27.70 and a 200 day simple moving average of $26.34. The firm has a market cap of $1.91 billion, a PE ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.52 and a 1 year high of $28.73.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

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 $0.1411 dividend. This represents a $0.56 annualized dividend and a yield of 2.0%. The ex-dividend date was Monday, September 29th.

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.