Savant Capital LLC Increases Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Savant Capital LLC increased its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 442,787 shares of the company’s stock after purchasing an additional 78,591 shares during the quarter. Savant Capital LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $11,583,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DBMF. Litman Gregory Wealth Management LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% in the fourth quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after purchasing an additional 498,845 shares in the last quarter. Fortitude Family Office LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at $6,147,000. FMA Wealth Management LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at $5,922,000. OneDigital Investment Advisors LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% in the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after purchasing an additional 200,877 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 126.6% in the third quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock valued at $6,476,000 after purchasing an additional 128,611 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.9 %

iMGP DBi Managed Futures Strategy ETF stock opened at $26.71 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.98 and a 52 week high of $30.63. The business has a 50-day simple moving average of $26.71 and a 200 day simple moving average of $27.33. The stock has a market cap of $932.98 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

About iMGP DBi Managed Futures Strategy ETF

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.