Guardian Capital LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,520 shares of the company’s stock, valued at approximately $492,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in DBMF. LFA Lugano Financial Advisors SA increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after purchasing an additional 1,013 shares during the last quarter. Advisory Services Network LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $152,000. Advisors Preferred LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $182,000. Able Wealth Management LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $211,000. Finally, Octavia Wealth Advisors LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth $213,000.
iMGP DBi Managed Futures Strategy ETF Stock Down 0.0%
DBMF opened at $31.23 on Friday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.10 and a 52 week high of $31.66. The business has a fifty day simple moving average of $30.49 and a 200-day simple moving average of $29.65. The firm has a market cap of $3.62 billion, a P/E ratio of 24.50 and a beta of -0.21.
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.
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