Concourse Financial Group Securities Inc. Purchases Shares of 1,500 iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Concourse Financial Group Securities Inc. purchased a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,500 shares of the company’s stock, valued at approximately $42,000.

A number of other institutional investors also recently modified their holdings of the company. Sterneck Capital Management LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 0.8% during the second quarter. Sterneck Capital Management LLC now owns 47,787 shares of the company’s stock worth $1,436,000 after purchasing an additional 367 shares during the period. Lake Street Private Wealth LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.8% during the first quarter. Lake Street Private Wealth LLC now owns 25,543 shares of the company’s stock worth $733,000 after purchasing an additional 693 shares during the period. City Center Advisors LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 3.2% during the third quarter. City Center Advisors LLC now owns 26,481 shares of the company’s stock worth $745,000 after purchasing an additional 822 shares during the period. Perigon Wealth Management LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 2.3% during the first quarter. Perigon Wealth Management LLC now owns 42,531 shares of the company’s stock worth $1,220,000 after purchasing an additional 943 shares during the period. Finally, Midwest Financial Group LLC raised its position in shares of iMGP DBi Managed Futures Strategy ETF by 1.9% during the second quarter. Midwest Financial Group LLC now owns 63,991 shares of the company’s stock worth $1,924,000 after purchasing an additional 1,165 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.8 %

Shares of NYSEARCA:DBMF opened at $27.43 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $25.60 and a twelve month high of $30.63. The stock’s 50 day moving average is $27.90 and its 200-day moving average is $28.90. The firm has a market capitalization of $958.13 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 27th were issued a dividend of $0.2507 per share. The ex-dividend date of this dividend was Friday, September 27th.

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.