Belpointe Asset Management LLC Buys 4,247 Shares of DoubleLine Commercial Real Estate ETF $DCRE

Belpointe Asset Management LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 15.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,541 shares of the company’s stock after buying an additional 4,247 shares during the quarter. Belpointe Asset Management LLC’s holdings in DoubleLine Commercial Real Estate ETF were worth $1,693,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its position in DoubleLine Commercial Real Estate ETF by 768.7% during the first quarter. Larson Financial Group LLC now owns 1,303 shares of the company’s stock valued at $68,000 after purchasing an additional 1,153 shares in the last quarter. SCS Capital Management LLC purchased a new position in shares of DoubleLine Commercial Real Estate ETF during the 1st quarter valued at about $270,000. Journey Strategic Wealth LLC raised its holdings in shares of DoubleLine Commercial Real Estate ETF by 40.9% during the 1st quarter. Journey Strategic Wealth LLC now owns 6,890 shares of the company’s stock valued at $357,000 after buying an additional 2,000 shares in the last quarter. First Financial Group Corp lifted its position in DoubleLine Commercial Real Estate ETF by 47.9% in the 1st quarter. First Financial Group Corp now owns 8,962 shares of the company’s stock worth $475,000 after buying an additional 2,902 shares during the last quarter. Finally, Sentinel Trust Co. LBA purchased a new stake in DoubleLine Commercial Real Estate ETF in the first quarter worth approximately $502,000.

DoubleLine Commercial Real Estate ETF Trading Down 0.1%

Shares of NYSEARCA DCRE opened at $51.91 on Tuesday. DoubleLine Commercial Real Estate ETF has a one year low of $51.10 and a one year high of $53.11. The firm’s 50 day simple moving average is $52.02 and its two-hundred day simple moving average is $51.84.

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.