210,516 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Purchased by FMA Wealth Management LLC

FMA Wealth Management LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 210,516 shares of the company’s stock, valued at approximately $5,922,000. iMGP DBi Managed Futures Strategy ETF comprises 4.3% of FMA Wealth Management LLC’s portfolio, making the stock its 7th largest holding.

A number of other institutional investors also recently made changes to their positions in the company. CWM LLC lifted its holdings in iMGP DBi Managed Futures Strategy ETF by 43.0% during the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock worth $57,065,000 after purchasing an additional 610,397 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 6.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,895,164 shares of the company’s stock worth $56,969,000 after buying an additional 109,823 shares in the last quarter. Naviter Wealth LLC boosted its position in shares of iMGP DBi Managed Futures Strategy ETF by 8.0% in the second quarter. Naviter Wealth LLC now owns 1,636,054 shares of the company’s stock valued at $49,180,000 after acquiring an additional 121,168 shares during the period. Cardinal Point Capital Management ULC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 3.0% in the third quarter. Cardinal Point Capital Management ULC now owns 1,037,835 shares of the company’s stock valued at $29,194,000 after acquiring an additional 30,309 shares in the last quarter. Finally, Goldstein Advisors LLC increased its position in iMGP DBi Managed Futures Strategy ETF by 4.0% during the second quarter. Goldstein Advisors LLC now owns 1,006,072 shares of the company’s stock worth $30,243,000 after acquiring an additional 38,450 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Down 0.3 %

NYSEARCA DBMF traded down $0.08 during trading on Tuesday, reaching $27.55. The company’s stock had a trading volume of 323,178 shares, compared to its average volume of 336,757. The firm has a 50 day moving average price of $27.86 and a 200 day moving average price of $28.95. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.60 and a 12 month high of $30.63. The firm has a market capitalization of $962.32 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

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