iMGP DBi Managed Futures Strategy ETF (DBMF) To Go Ex-Dividend on December 30th

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) declared a quarterly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 1.168 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 16.6%. The ex-dividend date is Tuesday, December 30th. This is a 727.8% increase from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14.

iMGP DBi Managed Futures Strategy ETF Stock Down 3.9%

DBMF opened at $28.14 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $24.52 and a 52 week high of $29.66. The business’s 50 day moving average is $28.71 and its two-hundred day moving average is $27.22. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20.

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.