Captrust Financial Advisors Cuts Stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Captrust Financial Advisors reduced its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 90,933 shares of the company’s stock after selling 6,266 shares during the quarter. Captrust Financial Advisors owned 0.26% of iMGP DBi Managed Futures Strategy ETF worth $2,379,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Baird Financial Group Inc. lifted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 264.2% during the fourth quarter. Baird Financial Group Inc. now owns 166,279 shares of the company’s stock valued at $4,350,000 after buying an additional 120,620 shares during the period. Ancora Advisors LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 111.3% in the 4th quarter. Ancora Advisors LLC now owns 53,232 shares of the company’s stock valued at $1,393,000 after purchasing an additional 28,044 shares in the last quarter. Comerica Bank raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 140.4% in the 4th quarter. Comerica Bank now owns 3,674 shares of the company’s stock valued at $96,000 after purchasing an additional 2,146 shares in the last quarter. Empire Financial Management Company LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.2% during the 4th quarter. Empire Financial Management Company LLC now owns 205,981 shares of the company’s stock valued at $5,388,000 after acquiring an additional 6,392 shares in the last quarter. Finally, Stifel Financial Corp grew its position in shares of iMGP DBi Managed Futures Strategy ETF by 32.7% during the 4th quarter. Stifel Financial Corp now owns 45,176 shares of the company’s stock valued at $1,182,000 after buying an additional 11,120 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF stock opened at $25.31 on Monday. The stock’s fifty day moving average is $25.20 and its two-hundred day moving average is $26.21. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.52 and a 1 year high of $30.63. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.1789 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.