17,222 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 17,222 shares of the company’s stock, valued at approximately $451,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DBMF. JPMorgan Chase & Co. raised its position in iMGP DBi Managed Futures Strategy ETF by 1,438.0% in the 4th quarter. JPMorgan Chase & Co. now owns 5,669,140 shares of the company’s stock worth $148,305,000 after purchasing an additional 5,300,530 shares during the period. Parcion Private Wealth LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth approximately $31,817,000. Wells Fargo & Company MN bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth approximately $17,794,000. Litman Gregory Wealth Management LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 50.6% during the 4th quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after acquiring an additional 498,845 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 145.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 567,703 shares of the company’s stock valued at $14,851,000 after acquiring an additional 336,869 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.1 %

DBMF stock opened at $25.13 on Friday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $24.52 and a twelve month high of $30.63. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 24.50 and a beta of -0.15. The business’s fifty day simple moving average is $25.50 and its two-hundred day simple moving average is $26.45.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

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