iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its holdings in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 13.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 157,212 shares of the company’s stock after selling 24,612 shares during the period. Cetera Investment Advisers owned about 0.45% of iMGP DBi Managed Futures Strategy ETF worth $4,113,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in DBMF. Steward Partners Investment Advisory LLC grew its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 11.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,132 shares of the company’s stock worth $448,000 after acquiring an additional 1,767 shares during the last quarter. Cerity Partners LLC acquired a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at $836,000. Truist Financial Corp increased its stake in iMGP DBi Managed Futures Strategy ETF by 13.9% in the 4th quarter. Truist Financial Corp now owns 312,986 shares of the company’s stock worth $8,188,000 after purchasing an additional 38,255 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in iMGP DBi Managed Futures Strategy ETF by 8.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 18,855 shares of the company’s stock worth $493,000 after purchasing an additional 1,529 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 16.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 26,342 shares of the company’s stock worth $689,000 after buying an additional 3,641 shares during the period.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.4%

DBMF stock opened at $25.23 on Friday. iMGP DBi Managed Futures Strategy ETF has a one year low of $24.52 and a one year high of $30.63. The firm has a 50-day moving average of $25.19 and a two-hundred day moving average of $26.16. The firm has a market capitalization of $1.14 billion, a PE ratio of 24.50 and a beta of -0.15.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.1789 dividend. The ex-dividend date was Thursday, March 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.