Fortitude Family Office LLC Raises Holdings in iMGP DBi Managed Futures Strategy ETF $DBMF

Fortitude Family Office LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 35.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 448,656 shares of the company’s stock after buying an additional 116,484 shares during the period. iMGP DBi Managed Futures Strategy ETF accounts for 2.9% of Fortitude Family Office LLC’s portfolio, making the stock its 8th biggest position. Fortitude Family Office LLC owned approximately 0.58% of iMGP DBi Managed Futures Strategy ETF worth $12,589,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DBMF. Parcion Private Wealth LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter valued at $41,968,000. Raymond James Financial Inc. raised its holdings in iMGP DBi Managed Futures Strategy ETF by 54.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock worth $33,078,000 after purchasing an additional 455,884 shares in the last quarter. Innova Wealth Partners raised its holdings in iMGP DBi Managed Futures Strategy ETF by 1,178.7% in the 4th quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock worth $12,025,000 after purchasing an additional 395,047 shares in the last quarter. Tidal Investments LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 107.3% in the 3rd quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock worth $19,201,000 after purchasing an additional 363,998 shares during the period. Finally, Savant Capital LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% in the 3rd quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock worth $26,419,000 after purchasing an additional 262,849 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.2%

Shares of DBMF opened at $30.15 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $24.52 and a 1-year high of $31.66. The firm’s 50-day moving average price is $30.31 and its 200-day moving average price is $29.05. The firm has a market capitalization of $2.44 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20.

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.