Sound Financial Strategies Group LLC Trims Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Sound Financial Strategies Group LLC decreased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 5.3% in the fourth quarter, HoldingsChannel reports. The firm owned 150,670 shares of the company’s stock after selling 8,505 shares during the quarter. iMGP DBi Managed Futures Strategy ETF accounts for approximately 3.3% of Sound Financial Strategies Group LLC’s investment portfolio, making the stock its 6th largest holding. Sound Financial Strategies Group LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $3,942,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DBMF. Litman Gregory Wealth Management LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock worth $38,846,000 after buying an additional 498,845 shares during the last quarter. Parcion Private Wealth LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at approximately $31,817,000. Cardinal Point Capital Management ULC boosted its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 2.4% in the 4th quarter. Cardinal Point Capital Management ULC now owns 1,063,256 shares of the company’s stock worth $27,815,000 after purchasing an additional 25,421 shares during the period. Summit Wealth & Retirement Planning Inc. increased its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.3% during the 3rd quarter. Summit Wealth & Retirement Planning Inc. now owns 664,714 shares of the company’s stock valued at $18,698,000 after purchasing an additional 21,385 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 46.4% during the 3rd 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 period.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.8 %

Shares of DBMF opened at $25.49 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $25.35 and a 52-week high of $30.63. The company has a market cap of $1.33 billion, a PE ratio of 24.50 and a beta of -0.15. The business has a fifty day moving average of $26.42 and a 200 day moving average of $27.13.

iMGP DBi Managed Futures Strategy ETF Company 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.