Nwam LLC Has $736,000 Position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Nwam LLC increased its position in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 2.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,123 shares of the company’s stock after buying an additional 707 shares during the quarter. Nwam LLC owned 0.08% of iMGP DBi Managed Futures Strategy ETF worth $736,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Litman Gregory Wealth Management LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 50.6% during the fourth 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 in the last quarter. Parcion Private Wealth LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter worth about $31,817,000. Cardinal Point Capital Management ULC grew its position in iMGP DBi Managed Futures Strategy ETF by 2.4% during the fourth quarter. Cardinal Point Capital Management ULC now owns 1,063,256 shares of the company’s stock worth $27,815,000 after buying an additional 25,421 shares in the last quarter. Summit Wealth & Retirement Planning Inc. grew its position in iMGP DBi Managed Futures Strategy ETF by 3.3% during the third quarter. Summit Wealth & Retirement Planning Inc. now owns 664,714 shares of the company’s stock worth $18,698,000 after buying an additional 21,385 shares in the last quarter. Finally, OneDigital Investment Advisors LLC grew its position in iMGP DBi Managed Futures Strategy ETF by 46.4% during the third quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock worth $17,840,000 after buying an additional 200,877 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.3 %

DBMF stock opened at $25.86 on Friday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.69 and a twelve month high of $30.63. The company has a market cap of $1.35 billion, a PE ratio of 24.50 and a beta of -0.15. The business’s 50-day simple moving average is $26.47 and its 200 day simple moving average is $27.17.

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.