Brookstone Capital Management Reduces Position in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

Brookstone Capital Management lowered its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 14.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,348 shares of the company’s stock after selling 2,814 shares during the quarter. Brookstone Capital Management owned 0.06% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $439,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of COMT. Envestnet Asset Management Inc. grew its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 895.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 968,185 shares of the company’s stock valued at $26,441,000 after buying an additional 870,930 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 29.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 10,891 shares of the company’s stock valued at $297,000 after buying an additional 2,500 shares in the last quarter. Hancock Whitney Corp lifted its holdings in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 44.5% in the 2nd quarter. Hancock Whitney Corp now owns 93,546 shares of the company’s stock valued at $2,555,000 after acquiring an additional 28,808 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 41,857.1% during the 2nd quarter. NewEdge Advisors LLC now owns 202,653 shares of the company’s stock valued at $5,534,000 after purchasing an additional 202,170 shares during the last quarter. Finally, Truist Financial Corp purchased a new stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter valued at $68,420,000. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Stock Down 0.3 %

COMT opened at $26.68 on Friday. The business has a fifty day moving average of $25.78 and a 200 day moving average of $26.12. The stock has a market cap of $720.36 million, a P/E ratio of -12.89 and a beta of 0.53. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 52-week low of $24.44 and a 52-week high of $28.22.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $1.2401 dividend. The ex-dividend date was Tuesday, December 17th. iShares GSCI Commodity Dynamic Roll Strategy ETF’s payout ratio is presently -59.90%.

iShares GSCI Commodity Dynamic Roll Strategy ETF Profile

The iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) is an exchange-traded fund that is based on the S&P GSCI Dynamic Roll index. The fund tracks a broad-market commodity index that utilizes a flexible dynamic roll strategy. COMT was launched on Oct 16, 2014 and is managed by BlackRock.