Matrix Trust Co Has $1.05 Million Stock Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Matrix Trust Co lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 41.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 41,628 shares of the company’s stock after buying an additional 12,101 shares during the quarter. Matrix Trust Co owned about 0.09% of iMGP DBi Managed Futures Strategy ETF worth $1,052,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in iMGP DBi Managed Futures Strategy ETF by 1,438.0% during the fourth quarter. JPMorgan Chase & Co. now owns 5,669,140 shares of the company’s stock worth $148,305,000 after acquiring an additional 5,300,530 shares during the last quarter. Naviter Wealth LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 10.3% during the 4th quarter. Naviter Wealth LLC now owns 1,857,242 shares of the company’s stock worth $48,585,000 after purchasing an additional 172,742 shares during the last quarter. Royal Bank of Canada lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 2,732.6% during the 4th quarter. Royal Bank of Canada now owns 1,319,898 shares of the company’s stock worth $34,529,000 after purchasing an additional 1,273,302 shares during the last quarter. Parcion Private Wealth LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $31,817,000. Finally, OneDigital Investment Advisors LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 14.6% during the fourth quarter. OneDigital Investment Advisors LLC now owns 727,030 shares of the company’s stock worth $19,019,000 after buying an additional 92,820 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF opened at $25.43 on Thursday. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.52 and a fifty-two week high of $30.63. The stock has a fifty day moving average of $25.17 and a 200-day moving average of $25.99. The company has a market capitalization of $1.20 billion, a P/E ratio of 24.50 and a beta of -0.18.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.1789 dividend. The ex-dividend date was Thursday, March 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.