Family Office Research LLC Trims Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Family Office Research LLC trimmed its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 60.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 13,557 shares of the company’s stock after selling 20,563 shares during the period. Family Office Research LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $397,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 3.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,969,299 shares of the company’s stock valued at $53,782,000 after buying an additional 73,114 shares during the last quarter. Parcion Private Wealth LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 1.3% in the fourth quarter. Parcion Private Wealth LLC now owns 1,556,637 shares of the company’s stock valued at $43,679,000 after buying an additional 19,903 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.4% in the third quarter. Raymond James Financial Inc. now owns 1,367,786 shares of the company’s stock valued at $37,354,000 after buying an additional 82,222 shares during the last quarter. Cardinal Point Capital Management ULC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 3.7% in the fourth quarter. Cardinal Point Capital Management ULC now owns 1,164,616 shares of the company’s stock valued at $32,679,000 after buying an additional 41,605 shares during the last quarter. Finally, Savant Capital LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% in the third quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock valued at $26,419,000 after buying an additional 262,849 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of NYSEARCA:DBMF opened at $31.17 on Wednesday. The company has a 50-day simple moving average of $30.55 and a 200-day simple moving average of $29.80. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.18 and a one year high of $31.66. The stock has a market capitalization of $3.61 billion, a price-to-earnings ratio of 24.50 and a beta of -0.21.

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.