151,882 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Purchased by Upper Left Wealth Management LLC

Upper Left Wealth Management LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 151,882 shares of the company’s stock, valued at approximately $3,837,000. iMGP DBi Managed Futures Strategy ETF makes up 2.8% of Upper Left Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in DBMF. DAVENPORT & Co LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at approximately $288,000. Savant Capital LLC increased its stake in iMGP DBi Managed Futures Strategy ETF by 21.6% during the 4th quarter. Savant Capital LLC now owns 442,787 shares of the company’s stock valued at $11,583,000 after buying an additional 78,591 shares during the period. Elevation Wealth Partners LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $120,000. Stonebridge Financial Group LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $63,000. Finally, Fairman Group LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 710.6% during the fourth quarter. Fairman Group LLC now owns 111,609 shares of the company’s stock valued at $2,920,000 after acquiring an additional 97,840 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Performance

Shares of DBMF stock opened at $25.31 on Friday. The business’s fifty day moving average is $25.17 and its 200-day moving average is $25.96. The stock has a market cap of $1.19 billion, a PE ratio of 24.50 and a beta of -0.17. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $24.52 and a 1 year high of $30.63.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.1789 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

iMGP DBi Managed Futures Strategy ETF Company 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.