iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Acquired by ORG Partners LLC

ORG Partners LLC lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 79.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,817 shares of the company’s stock after purchasing an additional 6,133 shares during the quarter. ORG Partners LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $349,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 11.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,132 shares of the company’s stock worth $448,000 after purchasing an additional 1,767 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 31.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 45,475 shares of the company’s stock worth $1,190,000 after purchasing an additional 10,815 shares in the last quarter. Comerica Bank grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 140.4% during the fourth quarter. Comerica Bank now owns 3,674 shares of the company’s stock worth $96,000 after purchasing an additional 2,146 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $836,000. Finally, Truist Financial Corp grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 13.9% during the fourth quarter. Truist Financial Corp now owns 312,986 shares of the company’s stock worth $8,188,000 after purchasing an additional 38,255 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1%

Shares of DBMF stock opened at $25.67 on Friday. The firm has a fifty day moving average price of $25.30 and a 200 day moving average price of $25.86. The company has a market cap of $1.21 billion, a P/E ratio of 24.50 and a beta of -0.17. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $24.52 and a 12 month high of $30.63.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

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