Visionary Wealth Advisors Boosts Holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Visionary Wealth Advisors lifted its stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,487 shares of the company’s stock after purchasing an additional 5,436 shares during the quarter. Visionary Wealth Advisors’ holdings in iMGP DBi Managed Futures Strategy ETF were worth $1,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its position in iMGP DBi Managed Futures Strategy ETF by 11.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,132 shares of the company’s stock worth $448,000 after buying an additional 1,767 shares during the last quarter. Cerity Partners LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth about $836,000. Comerica Bank raised its position in iMGP DBi Managed Futures Strategy ETF by 140.4% in the 4th quarter. Comerica Bank now owns 3,674 shares of the company’s stock worth $96,000 after buying an additional 2,146 shares during the last quarter. Truist Financial Corp increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 13.9% during the 4th quarter. Truist Financial Corp now owns 312,986 shares of the company’s stock valued at $8,188,000 after purchasing an additional 38,255 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.8% during the 4th quarter. Oppenheimer & Co. Inc. now owns 18,855 shares of the company’s stock valued at $493,000 after purchasing an additional 1,529 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.1%

NYSEARCA DBMF opened at $25.22 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $24.52 and a 52 week high of $30.63. The firm has a market capitalization of $1.19 billion, a P/E ratio of 24.50 and a beta of -0.18. The company has a 50-day moving average price of $25.20 and a 200-day moving average price of $26.12.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.1789 per share. The ex-dividend date was Thursday, March 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.