iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stock Holdings Increased by Fairman Group LLC

Fairman Group LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 778.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,769 shares of the company’s stock after acquiring an additional 12,202 shares during the quarter. Fairman Group LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sterneck Capital Management LLC raised its position in iMGP DBi Managed Futures Strategy ETF by 0.8% during the second quarter. Sterneck Capital Management LLC now owns 47,787 shares of the company’s stock valued at $1,436,000 after acquiring an additional 367 shares in the last quarter. Lake Street Private Wealth LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.8% in the first quarter. Lake Street Private Wealth LLC now owns 25,543 shares of the company’s stock valued at $733,000 after purchasing an additional 693 shares during the period. City Center Advisors LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.2% in the third quarter. City Center Advisors LLC now owns 26,481 shares of the company’s stock valued at $745,000 after purchasing an additional 822 shares during the period. Midwest Financial Group LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 1.9% in the second quarter. Midwest Financial Group LLC now owns 63,991 shares of the company’s stock valued at $1,924,000 after purchasing an additional 1,165 shares during the period. Finally, Brookstone Capital Management raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 11.3% in the third quarter. Brookstone Capital Management now owns 13,087 shares of the company’s stock valued at $368,000 after purchasing an additional 1,325 shares during the period.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock traded up $0.10 during midday trading on Thursday, hitting $27.26. The company had a trading volume of 6,790 shares, compared to its average volume of 336,403. The business’s 50 day simple moving average is $27.88 and its two-hundred day simple moving average is $28.88. The stock has a market cap of $952.19 million, a PE 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 disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.2507 dividend. 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.