Gradient Investments LLC Makes New Investment in DoubleLine Commercial Real Estate ETF $DCRE

Gradient Investments LLC purchased a new stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 396,952 shares of the company’s stock, valued at approximately $20,252,000. Gradient Investments LLC owned about 4.56% of DoubleLine Commercial Real Estate ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC raised its stake in DoubleLine Commercial Real Estate ETF by 5.1% during the first quarter. Sanctuary Advisors LLC now owns 700,290 shares of the company’s stock worth $36,387,000 after acquiring an additional 33,687 shares in the last quarter. Ritholtz Wealth Management acquired a new stake in shares of DoubleLine Commercial Real Estate ETF in the 1st quarter valued at approximately $1,530,000. Paladin Wealth LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 3.2% in the 1st quarter. Paladin Wealth LLC now owns 12,981 shares of the company’s stock valued at $674,000 after purchasing an additional 405 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 11.0% during the 1st quarter. Centaurus Financial Inc. now owns 80,310 shares of the company’s stock valued at $4,173,000 after purchasing an additional 7,976 shares during the last quarter. Finally, PNC Financial Services Group Inc. bought a new stake in shares of DoubleLine Commercial Real Estate ETF during the 1st quarter valued at approximately $47,000.

DoubleLine Commercial Real Estate ETF Price Performance

DCRE stock traded up $0.00 during trading on Thursday, reaching $50.86. 9,117 shares of the company were exchanged, compared to its average volume of 45,724. The company has a 50-day moving average of $51.33 and a two-hundred day moving average of $51.61. DoubleLine Commercial Real Estate ETF has a twelve month low of $50.63 and a twelve month high of $52.56.

About DoubleLine Commercial Real Estate ETF

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.