iMGP DBi Managed Futures Strategy ETF Announces Dividend of $0.18 (NYSEARCA:DBMF)

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.1789 per share on Monday, March 31st. The ex-dividend date is Thursday, March 27th.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.4 %

DBMF stock traded down $0.10 during trading on Thursday, reaching $25.43. 3,178,570 shares of the stock were exchanged, compared to its average volume of 522,209. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.71 and a 1 year high of $30.63. The business has a 50 day moving average price of $26.05 and a 200-day moving average price of $26.85. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15.

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.