Elyxium Wealth LLC Purchases 39,670 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Elyxium Wealth LLC increased its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 74.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,990 shares of the company’s stock after acquiring an additional 39,670 shares during the period. Elyxium Wealth LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $2,540,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Inspire Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the second quarter worth about $207,000. Worth Asset Management LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter worth approximately $226,000. Harbour Investments Inc. boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 8.5% in the second quarter. Harbour Investments Inc. now owns 8,933 shares of the company’s stock worth $230,000 after buying an additional 698 shares during the last quarter. L2 Asset Management LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the second quarter valued at approximately $246,000. Finally, Focus Financial Network Inc. increased its holdings in iMGP DBi Managed Futures Strategy ETF by 7.2% during the third quarter. Focus Financial Network Inc. now owns 10,115 shares of the company’s stock valued at $276,000 after buying an additional 675 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $30.16 on Friday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $24.52 and a 1-year high of $30.51. The company’s fifty day simple moving average is $29.00 and its 200-day simple moving average is $27.84. The stock has a market capitalization of $2.44 billion, a PE ratio of 24.50 and a beta of -0.20.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $1.168 dividend. The ex-dividend date was Tuesday, December 30th. This is a positive change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. 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.