Tactive Advisors LLC Buys New Shares in iMGP DBi Managed Futures Strategy ETF $DBMF

by · The Cerbat Gem

Tactive Advisors LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 17,126 shares of the company’s stock, valued at approximately $468,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 7.0% in the 2nd quarter. ORG Partners LLC now owns 14,785 shares of the company’s stock worth $381,000 after acquiring an additional 968 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at $755,000. Canal Capital Management LLC lifted its position in iMGP DBi Managed Futures Strategy ETF by 131.7% in the second quarter. Canal Capital Management LLC now owns 92,471 shares of the company’s stock worth $2,379,000 after purchasing an additional 52,555 shares during the period. Focus Financial Network Inc. boosted its stake in iMGP DBi Managed Futures Strategy ETF by 12.2% during the second quarter. Focus Financial Network Inc. now owns 9,440 shares of the company’s stock worth $243,000 after buying an additional 1,023 shares in the last quarter. Finally, Fortitude Family Office LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 9.2% during the second quarter. Fortitude Family Office LLC now owns 339,371 shares of the company’s stock worth $8,732,000 after buying an additional 28,486 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF stock opened at $29.44 on Thursday. The firm has a fifty day moving average of $28.65 and a 200-day moving average of $27.11. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.52 and a 52-week high of $29.56.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were given a $0.1411 dividend. This represents a $0.56 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Monday, September 29th.

About iMGP DBi Managed Futures Strategy ETF

(Free Report)

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.

See Also

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