ALM First Financial Advisors LLC Purchases 97,064 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

ALM First Financial Advisors LLC raised its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 35.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 367,064 shares of the company’s stock after buying an additional 97,064 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises about 2.4% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. ALM First Financial Advisors LLC owned about 1.05% of iMGP DBi Managed Futures Strategy ETF worth $10,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Fairman Group LLC bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at $39,000. Hobbs Group Advisors LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 2nd quarter valued at approximately $180,000. HBW Advisory Services LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at approximately $182,000. Oppenheimer & Co. Inc. bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth approximately $211,000. Finally, Brighton Jones LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter worth approximately $220,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF traded down $0.08 during trading on Tuesday, hitting $27.49. 20,606 shares of the stock were exchanged, compared to its average volume of 335,351. The firm has a 50 day simple moving average of $27.94 and a 200 day simple moving average of $28.98. The firm has a market cap of $960.23 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.63.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a $0.2507 dividend. The ex-dividend date of this dividend was Friday, September 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.