Worth Asset Management LLC Buys 105,746 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Worth Asset Management LLC grew its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 1,275.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 114,036 shares of the company’s stock after buying an additional 105,746 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for about 1.4% of Worth Asset Management LLC’s investment portfolio, making the stock its 16th biggest holding. Worth Asset Management LLC owned about 0.15% of iMGP DBi Managed Futures Strategy ETF worth $3,200,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $152,000. EverSource Wealth Advisors LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 29.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 8,977 shares of the company’s stock worth $245,000 after purchasing an additional 2,047 shares in the last quarter. L2 Asset Management LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $246,000. Two Sigma Securities LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $266,000. Finally, Focus Financial Network Inc. lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 7.2% in the third quarter. Focus Financial Network Inc. now owns 10,115 shares of the company’s stock valued at $276,000 after purchasing an additional 675 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF stock opened at $30.23 on Friday. The stock has a market capitalization of $2.45 billion, a P/E ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.52 and a fifty-two week high of $31.66. The business has a 50-day moving average of $30.25 and a 200-day moving average of $28.99.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a dividend of $1.168 per share. This is an increase from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $4.67 dividend on an annualized basis and a yield of 15.5%.

iMGP DBi Managed Futures Strategy ETF Company 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.