iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stake Cut by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lessened its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 7.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,701 shares of the company’s stock after selling 1,796 shares during the quarter. Signature Estate & Investment Advisors LLC owned approximately 0.06% of iMGP DBi Managed Futures Strategy ETF worth $639,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in DBMF. CWM LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% during the third 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 in the last quarter. FMA Wealth Management LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $5,922,000. OneDigital Investment Advisors LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after buying an additional 200,877 shares during the last quarter. Litman Gregory Wealth Management LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 17.6% in the 2nd quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock valued at $27,473,000 after buying an additional 136,920 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in 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 worth $6,476,000 after buying an additional 128,611 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF opened at $26.95 on Friday. The firm has a market cap of $941.36 million, a PE ratio of 24.50 and a beta of 0.04. The firm’s 50 day moving average price is $27.62 and its 200 day moving average price is $28.63. 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 business also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued a $0.2507 dividend. The ex-dividend date 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.