Rockland Trust Co. Purchases 130,070 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Rockland Trust Co. boosted its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 27.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 606,018 shares of the company’s stock after acquiring an additional 130,070 shares during the quarter. Rockland Trust Co. owned 0.79% of iMGP DBi Managed Futures Strategy ETF worth $17,005,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Parcion Private Wealth LLC bought a new stake in iMGP DBi Managed Futures Strategy ETF during the third quarter worth $41,968,000. Raymond James Financial Inc. increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 54.9% in the 2nd quarter. Raymond James Financial Inc. now owns 1,285,564 shares of the company’s stock valued at $33,078,000 after purchasing an additional 455,884 shares during the last quarter. Innova Wealth Partners increased its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1,178.7% in the 4th quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock valued at $12,025,000 after purchasing an additional 395,047 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 107.3% during the 3rd quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock worth $19,201,000 after buying an additional 363,998 shares in the last quarter. Finally, Savant Capital LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 37.3% during the 3rd quarter. Savant Capital LLC now owns 967,384 shares of the company’s stock worth $26,419,000 after buying an additional 262,849 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.2%

Shares of DBMF stock opened at $30.15 on Wednesday. The business has a fifty day simple moving average of $30.31 and a 200 day simple moving average of $29.05. The company has a market cap of $2.44 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 $24.52 and a twelve month high of $31.66.

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.