Concourse Financial Group Securities Inc. Buys Shares of 1,500 iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Concourse Financial Group Securities Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,500 shares of the company’s stock, valued at approximately $42,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DBMF. Naviter Wealth LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 477.7% during the first quarter. Naviter Wealth LLC now owns 1,514,886 shares of the company’s stock worth $43,447,000 after purchasing an additional 1,252,680 shares during the last quarter. CWM LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% during the third quarter. CWM LLC now owns 2,028,633 shares of the company’s stock worth $57,065,000 after purchasing an additional 610,397 shares during the last quarter. Litman Gregory Wealth Management LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 17.6% during the second quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock worth $27,473,000 after purchasing an additional 136,920 shares during the last quarter. New York Life Investment Management LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 74.2% during the second quarter. New York Life Investment Management LLC now owns 292,707 shares of the company’s stock worth $8,799,000 after purchasing an additional 124,704 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,895,164 shares of the company’s stock worth $56,969,000 after purchasing an additional 109,823 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.8 %

NYSEARCA:DBMF opened at $27.43 on Tuesday. The stock has a market cap of $958.13 million, a P/E ratio of 24.50 and a beta of 0.04. The stock’s 50-day moving average is $27.90 and its 200-day moving average is $28.90. 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 company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were issued a dividend of $0.2507 per share. The ex-dividend date of this dividend was Friday, September 27th.

iMGP DBi Managed Futures Strategy ETF Company 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.