Stifel Financial Corp Grows Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Stifel Financial Corp grew its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 12.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 34,056 shares of the company’s stock after buying an additional 3,670 shares during the quarter. Stifel Financial Corp owned 0.10% of iMGP DBi Managed Futures Strategy ETF worth $958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. CWM LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 43.0% in the third quarter. CWM LLC now owns 2,028,633 shares of the company’s stock worth $57,065,000 after buying an additional 610,397 shares in the last quarter. FMA Wealth Management LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $5,922,000. OneDigital Investment Advisors LLC boosted its stake in shares of iMGP DBi Managed Futures Strategy ETF by 46.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after purchasing an additional 200,877 shares in 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 2nd quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock valued at $27,473,000 after purchasing an additional 136,920 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in iMGP DBi Managed Futures Strategy ETF by 126.6% in the 3rd quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock worth $6,476,000 after purchasing an additional 128,611 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.3 %

NYSEARCA DBMF opened at $26.93 on Tuesday. The firm has a market cap of $940.66 million, a price-to-earnings ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.60 and a 12-month high of $30.63. The company has a 50-day simple moving average of $27.20 and a two-hundred day simple moving average of $28.18.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

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

About iMGP DBi Managed Futures Strategy ETF

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.