Seascape Capital Management lifted its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 645,968 shares of the company’s stock after purchasing an additional 27,667 shares during the period. DoubleLine Opportunistic Bond ETF accounts for approximately 8.5% of Seascape Capital Management’s portfolio, making the stock its 2nd largest position. Seascape Capital Management owned 4.78% of DoubleLine Opportunistic Bond ETF worth $29,950,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the third quarter worth about $125,000. Clayton Financial Group LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the fourth quarter worth about $125,000. Beacon Capital Management Inc. purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the second quarter worth about $165,000. Triad Wealth Partners LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the third quarter worth about $215,000. Finally, NWF Advisory Services Inc. purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the second quarter worth about $258,000.
DoubleLine Opportunistic Bond ETF Trading Up 0.2%
DoubleLine Opportunistic Bond ETF stock opened at $45.72 on Wednesday. The firm has a 50-day moving average of $46.25 and a 200-day moving average of $46.41. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.92 and a 1-year high of $47.05.
DoubleLine Opportunistic Bond ETF Cuts Dividend
About DoubleLine Opportunistic Bond ETF
The DoubleLine Opportunistic Bond ETF (DBND) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed, fixed income fund comprised of securities from corporate and government issuers, with various credit ratings, and a dollar-weighted average effective portfolio duration of two to eight years. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.
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