Empire Financial Management Company LLC Buys 3,132 Shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Empire Financial Management Company LLC increased its stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,589 shares of the company’s stock after purchasing an additional 3,132 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for 1.7% of Empire Financial Management Company LLC’s holdings, making the stock its 7th largest holding. Empire Financial Management Company LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $5,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DBMF. CWM LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 43.0% in the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock valued at $57,065,000 after purchasing an additional 610,397 shares during the last quarter. FMA Wealth Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth $5,922,000. OneDigital Investment Advisors LLC increased its holdings in iMGP DBi Managed Futures Strategy ETF by 46.4% in the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock valued at $17,840,000 after buying an additional 200,877 shares during the last quarter. Litman Gregory Wealth Management LLC raised its stake in iMGP DBi Managed Futures Strategy ETF by 17.6% in the second quarter. Litman Gregory Wealth Management LLC now owns 913,944 shares of the company’s stock valued at $27,473,000 after buying an additional 136,920 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 126.6% during the 3rd quarter. Private Advisor Group LLC now owns 230,208 shares of the company’s stock worth $6,476,000 after buying an additional 128,611 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF opened at $27.34 on Wednesday. The business’s 50-day simple moving average is $27.31 and its 200-day simple moving average is $28.33. The company has a market cap of $954.99 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a one year low of $25.60 and a one year high of $30.63.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were given a dividend of $0.2507 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.