Principia Wealth Advisory LLC Acquires 19,398 Shares of iMGP DBi Managed Futures Strategy ETF $DBMF

Principia Wealth Advisory LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) by 15.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 148,138 shares of the company’s stock after purchasing an additional 19,398 shares during the quarter. iMGP DBi Managed Futures Strategy ETF comprises 1.1% of Principia Wealth Advisory LLC’s holdings, making the stock its 12th largest holding. Principia Wealth Advisory LLC owned 0.18% of iMGP DBi Managed Futures Strategy ETF worth $4,157,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 35.1% in the fourth quarter. Fortitude Family Office LLC now owns 448,656 shares of the company’s stock worth $12,589,000 after acquiring an additional 116,484 shares in the last quarter. AmeriServ Wealth Advisors bought a new position in iMGP DBi Managed Futures Strategy ETF in the third quarter worth approximately $2,171,000. FMA Wealth Management LLC bought a new position in iMGP DBi Managed Futures Strategy ETF in the fourth quarter worth approximately $6,944,000. Aspiriant LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $3,665,000. Finally, Carrera Capital Advisors bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at approximately $5,490,000.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.1%

NYSEARCA DBMF opened at $31.04 on Friday. The company has a market cap of $3.59 billion, a price-to-earnings ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a 52 week low of $25.18 and a 52 week high of $31.66. The business has a 50 day moving average price of $30.55 and a 200-day moving average price of $29.84.

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.