Goldstein Advisors LLC Has $29.48 Million Stake in iMGP DBi Managed Futures Strategy ETF $DBMF

Goldstein Advisors LLC lessened its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 1.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,050,555 shares of the company’s stock after selling 20,626 shares during the period. iMGP DBi Managed Futures Strategy ETF comprises approximately 3.4% of Goldstein Advisors LLC’s portfolio, making the stock its 9th largest holding. Goldstein Advisors LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $29,479,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DBMF. Raymond James Financial Inc. raised 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 valued at $33,078,000 after acquiring an additional 455,884 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 107.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 870,474 shares of the company’s stock worth $24,425,000 after acquiring an additional 450,006 shares during the last quarter. Beacon Harbor Wealth Advisors Inc. purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth $12,263,000. Innova Wealth Partners grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 1,178.7% in the fourth quarter. Innova Wealth Partners now owns 428,563 shares of the company’s stock worth $12,025,000 after acquiring an additional 395,047 shares during the last quarter. Finally, Tidal Investments LLC grew its stake in shares of iMGP DBi Managed Futures Strategy ETF by 107.3% in the third quarter. Tidal Investments LLC now owns 703,075 shares of the company’s stock worth $19,201,000 after acquiring an additional 363,998 shares during the last quarter.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.0%

NYSEARCA DBMF opened at $31.42 on Thursday. iMGP DBi Managed Futures Strategy ETF has a 12 month low of $25.26 and a 12 month high of $31.66. The stock has a market cap of $3.64 billion, a P/E ratio of 24.50 and a beta of -0.21. The stock’s fifty day moving average price is $30.65 and its 200-day moving average price is $29.91.

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.