Stifel Financial Corp Raises Stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Stifel Financial Corp boosted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMFFree Report) by 12.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,056 shares of the company’s stock after purchasing an additional 3,670 shares during the quarter. Stifel Financial Corp’s holdings in iMGP DBi Managed Futures Strategy ETF were worth $958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter worth approximately $29,000. Concourse Financial Group Securities Inc. bought a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter worth $42,000. Matrix Trust Co bought a new stake in iMGP DBi Managed Futures Strategy ETF in the third quarter worth $111,000. Moors & Cabot Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter valued at $211,000. Finally, Brighton Jones LLC purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter worth about $220,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

Shares of iMGP DBi Managed Futures Strategy ETF stock opened at $26.93 on Tuesday. iMGP DBi Managed Futures Strategy ETF has a 1 year low of $25.60 and a 1 year high of $30.63. The firm’s 50-day moving average is $27.20 and its 200 day moving average is $28.18. The stock has a market cap of $940.66 million, a price-to-earnings ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.2507 dividend. The ex-dividend date was Friday, September 27th.

iMGP DBi Managed Futures Strategy ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

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