Proactive Wealth Strategies LLC Makes New $623,000 Investment in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Proactive Wealth Strategies LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 22,163 shares of the company’s stock, valued at approximately $623,000. Proactive Wealth Strategies LLC owned 0.06% of iMGP DBi Managed Futures Strategy ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $29,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $42,000. Matrix Trust Co bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at approximately $111,000. Hobbs Group Advisors LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at approximately $180,000. Finally, HBW Advisory Services LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at approximately $182,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:DBMF opened at $27.14 on Tuesday. The stock has a market capitalization of $948.00 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.60 and a 1-year high of $30.63. The company has a 50 day moving average price of $27.67 and a 200 day moving average price of $28.67.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued a dividend of $0.2507 per share. The ex-dividend date was Friday, September 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.