New York Life Investment Management LLC Reduces Stock Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT)

New York Life Investment Management LLC decreased its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 122,432 shares of the company’s stock after selling 1,249 shares during the quarter. New York Life Investment Management LLC owned about 0.45% of iShares GSCI Commodity Dynamic Roll Strategy ETF worth $3,099,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Aptus Capital Advisors LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the third quarter worth $86,000. O Brien Greene & Co. Inc raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 5.8% in the fourth quarter. O Brien Greene & Co. Inc now owns 11,010 shares of the company’s stock worth $279,000 after purchasing an additional 600 shares in the last quarter. Creative Planning raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 22.8% in the third quarter. Creative Planning now owns 12,675 shares of the company’s stock worth $328,000 after purchasing an additional 2,350 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 35.6% in the fourth quarter. Perigon Wealth Management LLC now owns 14,892 shares of the company’s stock worth $398,000 after purchasing an additional 3,911 shares in the last quarter. Finally, Kingsview Wealth Management LLC raised its holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF by 3.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 19,590 shares of the company’s stock worth $496,000 after purchasing an additional 643 shares in the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 0.6 %

COMT opened at $25.72 on Friday. The stock has a fifty day simple moving average of $26.04 and a two-hundred day simple moving average of $26.02. The company has a market cap of $720.16 million, a price-to-earnings ratio of -12.43 and a beta of 0.46. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12-month low of $24.44 and a 12-month high of $28.22.

iShares GSCI Commodity Dynamic Roll Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders 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 dividend payout ratio (DPR) is -59.90%.

iShares GSCI Commodity Dynamic Roll Strategy ETF Company 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.