US Bancorp DE Takes $29,000 Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

US Bancorp DE acquired a new position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,039 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Concourse Financial Group Securities Inc. acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at $42,000. Matrix Trust Co acquired a new position in iMGP DBi Managed Futures Strategy ETF during the third quarter worth about $111,000. Hobbs Group Advisors LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the second quarter worth about $180,000. HBW Advisory Services LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $182,000. Finally, Brighton Jones LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter valued at about $220,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

NYSEARCA DBMF opened at $26.96 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.60 and a 12 month high of $30.63. The company has a market capitalization of $941.71 million, a P/E ratio of 24.50 and a beta of 0.04. The company’s 50 day simple moving average is $27.61 and its 200 day simple moving average is $28.59.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were issued a $0.2507 dividend. The ex-dividend date of this dividend was Friday, September 27th.

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.