iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) is Goldstein Advisors LLC’s 6th Largest Position

Goldstein Advisors LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,037,861 shares of the company’s stock after purchasing an additional 31,789 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up 4.4% of Goldstein Advisors LLC’s portfolio, making the stock its 6th biggest holding. Goldstein Advisors LLC owned about 2.97% of iMGP DBi Managed Futures Strategy ETF worth $29,195,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Naviter Wealth LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 477.7% during the 1st quarter. Naviter Wealth LLC now owns 1,514,886 shares of the company’s stock worth $43,447,000 after acquiring an additional 1,252,680 shares during the last quarter. CWM LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% during the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock worth $57,065,000 after acquiring an additional 610,397 shares during the last quarter. FMA Wealth Management LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth $5,922,000. Litman Gregory Wealth Management LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 17.6% during the 2nd quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock worth $27,473,000 after acquiring an additional 136,920 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 126.6% during the 3rd quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock worth $6,476,000 after acquiring an additional 128,611 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.2 %

iMGP DBi Managed Futures Strategy ETF stock opened at $27.21 on Friday. The company has a market capitalization of $950.45 million, a PE ratio of 24.50 and a beta of 0.04. The firm has a fifty day simple moving average of $27.85 and a two-hundred day simple moving average of $28.86. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

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

iMGP DBi Managed Futures Strategy ETF 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.