NewEdge Advisors LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 6.0% in the second quarter, Holdings Channel.com reports. The fund owned 725,049 shares of the company’s stock after purchasing an additional 40,790 shares during the period. NewEdge Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $33,055,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in DBND. Royal Bank of Canada increased its stake in DoubleLine Opportunistic Bond ETF by 101.3% during the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock worth $2,058,000 after buying an additional 22,437 shares during the period. Jane Street Group LLC boosted its position in DoubleLine Opportunistic Bond ETF by 28.0% in the 1st quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock valued at $2,311,000 after buying an additional 10,959 shares during the period. Raymond James Financial Inc. grew its stake in shares of DoubleLine Opportunistic Bond ETF by 290.0% in the second quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock worth $18,260,000 after acquiring an additional 293,626 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of DoubleLine Opportunistic Bond ETF by 30.2% in the second quarter. Ausdal Financial Partners Inc. now owns 121,193 shares of the company’s stock worth $5,604,000 after acquiring an additional 28,081 shares in the last quarter. Finally, MML Investors Services LLC increased its position in shares of DoubleLine Opportunistic Bond ETF by 11.2% during the second quarter. MML Investors Services LLC now owns 142,702 shares of the company’s stock worth $6,599,000 after acquiring an additional 14,323 shares during the period.
DoubleLine Opportunistic Bond ETF Stock Down 0.1%
DBND stock opened at $44.60 on Thursday. The business’s 50-day moving average is $45.01 and its two-hundred day moving average is $45.51. DoubleLine Opportunistic Bond ETF has a 1 year low of $44.50 and a 1 year high of $47.05.
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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Want to see what other hedge funds are holding DBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report).
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