iMGP DBi Managed Futures Strategy ETF $DBMF Shares Bought by Good Steward Wealth Advisors LLC

Good Steward Wealth Advisors LLC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 378.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,615 shares of the company’s stock after buying an additional 64,569 shares during the period. iMGP DBi Managed Futures Strategy ETF makes up 1.5% of Good Steward Wealth Advisors LLC’s holdings, making the stock its 20th largest position. Good Steward Wealth Advisors LLC owned approximately 0.11% of iMGP DBi Managed Futures Strategy ETF worth $2,290,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $152,000. Legacy Capital Wealth Partners LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $216,000. Worth Asset Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the third quarter valued at about $226,000. EverSource Wealth Advisors LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 29.5% in the third quarter. EverSource Wealth Advisors LLC now owns 8,977 shares of the company’s stock valued at $245,000 after purchasing an additional 2,047 shares during the period. Finally, SteelPeak Wealth LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at about $260,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF stock opened at $30.27 on Friday. The stock’s 50-day simple moving average is $30.40 and its 200-day simple moving average is $29.18. The firm has a market capitalization of $3.32 billion, a PE ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $24.71 and a fifty-two week high of $31.66.

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.