NewEdge Advisors LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 684,259 shares of the company’s stock, valued at approximately $31,346,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in DoubleLine Opportunistic Bond ETF in the fourth quarter worth $74,000. Western Wealth Management LLC bought a new position in DoubleLine Opportunistic Bond ETF during the first quarter valued at $101,000. Bank of America Corp DE purchased a new position in shares of DoubleLine Opportunistic Bond ETF in the 3rd quarter worth $125,000. Farther Finance Advisors LLC increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 5,775.0% in the 4th quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock worth $131,000 after buying an additional 2,772 shares during the last quarter. Finally, First Financial Group Corp bought a new stake in shares of DoubleLine Opportunistic Bond ETF in the 1st quarter worth about $216,000.
DoubleLine Opportunistic Bond ETF Stock Performance
Shares of NYSEARCA DBND opened at $45.01 on Friday. DoubleLine Opportunistic Bond ETF has a 12-month low of $44.74 and a 12-month high of $47.05. The firm’s 50-day moving average price is $45.27 and its 200-day moving average price is $45.78.
DoubleLine Opportunistic Bond ETF Company 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.
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