iMGP DBi Managed Futures Strategy ETF $DBMF is Austin Wealth Management LLC’s 9th Largest Position

Austin Wealth Management LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 635,783 shares of the company’s stock after acquiring an additional 25,661 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for approximately 2.7% of Austin Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Austin Wealth Management LLC owned 0.81% of iMGP DBi Managed Futures Strategy ETF worth $17,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DBMF. Parcion Private Wealth LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter valued at about $41,968,000. Raymond James Financial Inc. boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 54.9% during the 2nd quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after acquiring an additional 455,884 shares during the period. Beacon Harbor Wealth Advisors Inc. purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $12,263,000. Innova Wealth Partners boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 1,178.7% during the 4th quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock valued at $12,025,000 after acquiring an additional 395,047 shares during the period. Finally, Tidal Investments LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 107.3% during the 3rd quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock valued at $19,201,000 after acquiring an additional 363,998 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF opened at $30.26 on Thursday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.00 and a 1 year high of $31.66. The stock has a market capitalization of $3.33 billion, a PE ratio of 24.50 and a beta of -0.22. The stock has a 50-day simple moving average of $30.48 and a 200-day simple moving average of $29.28.

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.