iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stock Position Boosted by City Center Advisors LLC

City Center Advisors LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,481 shares of the company’s stock after acquiring an additional 822 shares during the period. iMGP DBi Managed Futures Strategy ETF accounts for approximately 0.8% of City Center Advisors LLC’s holdings, making the stock its 26th biggest position. City Center Advisors LLC owned approximately 0.08% of iMGP DBi Managed Futures Strategy ETF worth $745,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cetera Investment Advisers grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 6.5% in the 2nd quarter. Cetera Investment Advisers now owns 162,537 shares of the company’s stock worth $4,886,000 after purchasing an additional 9,914 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iMGP DBi Managed Futures Strategy ETF by 9.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,006,012 shares of the company’s stock valued at $30,241,000 after purchasing an additional 90,123 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 13.1% in the second quarter. AQR Capital Management LLC now owns 19,786 shares of the company’s stock worth $595,000 after acquiring an additional 2,296 shares during the last quarter. Brighton Jones LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 2nd quarter worth about $220,000. Finally, Renaissance Technologies LLC bought a new position in iMGP DBi Managed Futures Strategy ETF during the second quarter valued at approximately $1,442,000.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.8 %

DBMF stock opened at $27.57 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.63. The company has a fifty day simple moving average of $27.94 and a 200 day simple moving average of $28.98. The firm has a market cap of $963.02 million, a PE ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

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