W.G. Shaheen & Associates DBA Whitney & Co Buys 29,359 Shares of DoubleLine Opportunistic Bond ETF $DBND

W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 543,338 shares of the company’s stock after buying an additional 29,359 shares during the quarter. DoubleLine Opportunistic Bond ETF makes up approximately 2.0% of W.G. Shaheen & Associates DBA Whitney & Co’s portfolio, making the stock its 13th largest holding. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in DoubleLine Opportunistic Bond ETF were worth $25,192,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. CWM LLC grew its position in DoubleLine Opportunistic Bond ETF by 18.5% during the fourth quarter. CWM LLC now owns 1,622,210 shares of the company’s stock valued at $75,213,000 after buying an additional 253,382 shares during the period. Envestnet Asset Management Inc. grew its position in DoubleLine Opportunistic Bond ETF by 86.1% during the third quarter. Envestnet Asset Management Inc. now owns 649,397 shares of the company’s stock valued at $30,216,000 after buying an additional 300,484 shares during the period. Seascape Capital Management lifted its holdings in DoubleLine Opportunistic Bond ETF by 4.5% during the fourth quarter. Seascape Capital Management now owns 645,968 shares of the company’s stock valued at $29,950,000 after purchasing an additional 27,667 shares during the last quarter. Boothe Investment Group Inc. lifted its holdings in DoubleLine Opportunistic Bond ETF by 7.3% during the third quarter. Boothe Investment Group Inc. now owns 636,766 shares of the company’s stock valued at $29,629,000 after purchasing an additional 43,243 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in DoubleLine Opportunistic Bond ETF by 57.4% during the third quarter. Raymond James Financial Inc. now owns 621,576 shares of the company’s stock valued at $28,922,000 after purchasing an additional 226,685 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Down 0.4%

NYSEARCA DBND opened at $45.75 on Thursday. DoubleLine Opportunistic Bond ETF has a 52 week low of $45.12 and a 52 week high of $47.05. The firm’s 50-day simple moving average is $46.07 and its two-hundred day simple moving average is $46.35.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1662 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

DoubleLine Opportunistic Bond ETF Profile

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.