National Bank of Canada FI Sells 780 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

National Bank of Canada FI lessened its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,236 shares of the company’s stock after selling 780 shares during the quarter. National Bank of Canada FI’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $963,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth $29,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter valued at about $42,000. Matrix Trust Co bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $111,000. Hobbs Group Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter worth approximately $180,000. Finally, Brighton Jones LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter worth approximately $220,000.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.8 %

NYSEARCA:DBMF opened at $27.15 on Friday. The firm has a 50 day moving average of $27.26 and a 200 day moving average of $28.27. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.60 and a 52 week high of $30.63. The stock has a market capitalization of $948.35 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a $0.2507 dividend. 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.