Litman Gregory Wealth Management LLC Boosts Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Litman Gregory Wealth Management LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 50.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,484,932 shares of the company’s stock after purchasing an additional 498,845 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises about 3.4% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Litman Gregory Wealth Management LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $38,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the second quarter worth approximately $1,442,000. AQR Capital Management LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 13.1% in the second quarter. AQR Capital Management LLC now owns 19,786 shares of the company’s stock valued at $595,000 after acquiring an additional 2,296 shares during the last quarter. Cetera Investment Advisers increased its position in iMGP DBi Managed Futures Strategy ETF by 6.5% in the second quarter. Cetera Investment Advisers now owns 162,537 shares of the company’s stock worth $4,886,000 after purchasing an additional 9,914 shares during the period. City Center Advisors LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 3.2% during the 3rd quarter. City Center Advisors LLC now owns 26,481 shares of the company’s stock worth $745,000 after purchasing an additional 822 shares during the last quarter. Finally, Cardinal Point Capital Management ULC lifted its position in iMGP DBi Managed Futures Strategy ETF by 3.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 1,037,835 shares of the company’s stock valued at $29,194,000 after purchasing an additional 30,309 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1 %

Shares of NYSEARCA DBMF opened at $26.47 on Friday. The firm has a market capitalization of $924.60 million, a PE ratio of 24.50 and a beta of 0.04. The firm’s 50-day moving average is $26.80 and its 200-day moving average is $27.50. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.98 and a 1 year high of $30.63.

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.