Truist Financial Corp Lowers Holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF $COMT

Truist Financial Corp lowered its position in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ:COMT) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 349,933 shares of the company’s stock after selling 50,261 shares during the period. Truist Financial Corp’s holdings in iShares GSCI Commodity Dynamic Roll Strategy ETF were worth $9,396,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of COMT. Security Financial Services INC. lifted its stake in shares of iShares GSCI Commodity Dynamic Roll Strategy ETF by 6.9% during the 3rd quarter. Security Financial Services INC. now owns 8,313 shares of the company’s stock valued at $223,000 after buying an additional 536 shares in the last quarter. Prosperity Planning Inc. boosted its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 2.6% in the 3rd quarter. Prosperity Planning Inc. now owns 22,662 shares of the company’s stock valued at $608,000 after buying an additional 577 shares during the period. EWG Elevate Inc. increased its position in iShares GSCI Commodity Dynamic Roll Strategy ETF by 4.2% during the 3rd quarter. EWG Elevate Inc. now owns 21,695 shares of the company’s stock valued at $583,000 after purchasing an additional 877 shares during the period. Ameritas Advisory Services LLC bought a new position in iShares GSCI Commodity Dynamic Roll Strategy ETF in the second quarter worth about $30,000. Finally, AE Wealth Management LLC grew its stake in iShares GSCI Commodity Dynamic Roll Strategy ETF by 17.5% during the 2nd quarter. AE Wealth Management LLC now owns 12,936 shares of the company’s stock worth $334,000 after buying an additional 1,925 shares during the last quarter. Institutional investors own 1.80% of the company’s stock.

iShares GSCI Commodity Dynamic Roll Strategy ETF Trading Down 2.0%

Shares of NASDAQ COMT opened at $27.42 on Monday. The company has a 50 day simple moving average of $25.99 and a two-hundred day simple moving average of $26.39. The stock has a market cap of $690.98 million, a price-to-earnings ratio of -13.25 and a beta of 0.23. iShares GSCI Commodity Dynamic Roll Strategy ETF has a 12 month low of $23.11 and a 12 month high of $28.36.

iShares GSCI Commodity Dynamic Roll Strategy ETF Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $1.9271 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 795.0%. iShares GSCI Commodity Dynamic Roll Strategy ETF’s dividend payout ratio (DPR) is -59.90%.

About iShares GSCI Commodity Dynamic Roll Strategy ETF

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.