Axxcess Wealth Management LLC Cuts Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Axxcess Wealth Management LLC lessened its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 39.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,638 shares of the company’s stock after selling 4,972 shares during the period. Axxcess Wealth Management LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. US Bancorp DE purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $29,000. Concourse Financial Group Securities Inc. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at about $42,000. Matrix Trust Co purchased a new position 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 valued at about $180,000. Finally, HBW Advisory Services LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $182,000.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.5 %

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $26.97 on Friday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63. The business has a 50-day moving average price of $27.64 and a 200 day moving average price of $28.64. The firm has a market cap of $942.06 million, a PE ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were paid a dividend of $0.2507 per share. The ex-dividend date was Friday, September 27th.

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.