Ritholtz Wealth Management Takes $1.53 Million Position in DoubleLine Commercial Real Estate ETF $DCRE

Ritholtz Wealth Management purchased a new stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 29,443 shares of the company’s stock, valued at approximately $1,530,000.

A number of other institutional investors have also made changes to their positions in the business. Gradient Investments LLC boosted its stake in DoubleLine Commercial Real Estate ETF by 4.5% during the 4th quarter. Gradient Investments LLC now owns 322,527 shares of the company’s stock valued at $16,739,000 after purchasing an additional 13,806 shares during the period. Hutchinson Capital Management CA grew its holdings in DoubleLine Commercial Real Estate ETF by 69.7% in the 3rd quarter. Hutchinson Capital Management CA now owns 98,172 shares of the company’s stock valued at $5,113,000 after buying an additional 40,310 shares during the last quarter. Foundations Investment Advisors LLC increased its position in DoubleLine Commercial Real Estate ETF by 63.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 521,381 shares of the company’s stock worth $27,060,000 after buying an additional 203,133 shares during the period. Tortoise Investment Management LLC increased its position in DoubleLine Commercial Real Estate ETF by 15.3% in the 3rd quarter. Tortoise Investment Management LLC now owns 240,961 shares of the company’s stock worth $12,549,000 after buying an additional 32,045 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in DoubleLine Commercial Real Estate ETF by 62.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 278,797 shares of the company’s stock worth $14,468,000 after buying an additional 106,771 shares during the period.

DoubleLine Commercial Real Estate ETF Trading Up 0.1%

Shares of DCRE stock opened at $51.81 on Friday. DoubleLine Commercial Real Estate ETF has a 12 month low of $51.54 and a 12 month high of $52.56. The stock has a 50 day moving average of $51.79 and a 200-day moving average of $51.94.

DoubleLine Commercial Real Estate ETF Company Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.