Stonebridge Financial Group LLC Decreases Stock Position in iMGP DBi Managed Futures Strategy ETF $DBMF

Stonebridge Financial Group LLC cut its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 21.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,232 shares of the company’s stock after selling 16,815 shares during the period. Stonebridge Financial Group LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $1,844,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in DBMF. JPMorgan Chase & Co. lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 3.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 248,279 shares of the company’s stock valued at $6,388,000 after purchasing an additional 8,963 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% during the second quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock worth $33,078,000 after buying an additional 455,884 shares in the last quarter. Bank of America Corp DE raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 4.0% in the second quarter. Bank of America Corp DE now owns 33,263 shares of the company’s stock valued at $856,000 after buying an additional 1,277 shares during the last quarter. MML Investors Services LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 4.7% in the second quarter. MML Investors Services LLC now owns 66,849 shares of the company’s stock valued at $1,720,000 after buying an additional 2,998 shares during the last quarter. Finally, Tidal Investments LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 140.7% in the second quarter. Tidal Investments LLC now owns 339,077 shares of the company’s stock valued at $8,724,000 after buying an additional 198,219 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.9%

NYSEARCA:DBMF opened at $30.63 on Tuesday. The company has a market cap of $4.09 billion, a P/E ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.50 and a twelve month high of $31.66. The company’s 50-day moving average price is $30.88 and its 200-day moving average price is $30.54.

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.