Verum Partners LLC Has $583,000 Stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Verum Partners LLC increased its position in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 56.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,297 shares of the company’s stock after buying an additional 8,067 shares during the period. Verum Partners LLC’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $583,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $484,000. Lake Street Private Wealth LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 1.7% during the fourth quarter. Lake Street Private Wealth LLC now owns 26,752 shares of the company’s stock valued at $700,000 after buying an additional 453 shares in the last quarter. ALM First Financial Advisors LLC lifted its position in shares of iMGP DBi Managed Futures Strategy ETF by 17.7% in the fourth quarter. ALM First Financial Advisors LLC now owns 432,128 shares of the company’s stock worth $11,304,000 after buying an additional 65,064 shares during the last quarter. Fermata Advisors LLC increased its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 27.7% during the 4th quarter. Fermata Advisors LLC now owns 106,320 shares of the company’s stock valued at $2,781,000 after acquiring an additional 23,089 shares during the last quarter. Finally, Cardinal Point Capital Management ULC raised its stake 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 valued at $27,815,000 after acquiring an additional 25,421 shares in the last quarter.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF opened at $26.45 on Wednesday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.98 and a twelve month high of $30.63. The business has a 50 day moving average price of $26.90 and a 200 day moving average price of $27.68. The firm has a market cap of $923.90 million, a P/E ratio of 24.50 and a beta of 0.04.

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.