Cravens & Co Advisors LLC Acquires 7,934 Shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Cravens & Co Advisors LLC lifted its position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 3.9% in the fourth quarter, HoldingsChannel reports. The firm owned 211,270 shares of the company’s stock after buying an additional 7,934 shares during the period. DoubleLine Opportunistic Bond ETF makes up about 7.3% of Cravens & Co Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Cravens & Co Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $9,568,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. grew its holdings in DoubleLine Opportunistic Bond ETF by 5.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,453 shares of the company’s stock worth $202,000 after acquiring an additional 230 shares in the last quarter. Sigma Planning Corp boosted its holdings in DoubleLine Opportunistic Bond ETF by 6.5% in the 4th quarter. Sigma Planning Corp now owns 5,912 shares of the company’s stock valued at $268,000 after purchasing an additional 363 shares in the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of DoubleLine Opportunistic Bond ETF by 7.1% in the 4th quarter. Axxcess Wealth Management LLC now owns 12,139 shares of the company’s stock worth $550,000 after acquiring an additional 806 shares during the period. Atria Investments Inc raised its position in shares of DoubleLine Opportunistic Bond ETF by 18.0% during the 4th quarter. Atria Investments Inc now owns 6,970 shares of the company’s stock worth $316,000 after purchasing an additional 1,061 shares during the last quarter. Finally, Seascape Capital Management grew its position in shares of DoubleLine Opportunistic Bond ETF by 0.3% in the fourth quarter. Seascape Capital Management now owns 480,235 shares of the company’s stock valued at $21,749,000 after purchasing an additional 1,356 shares during the period.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of DBND opened at $45.48 on Wednesday. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.44 and a twelve month high of $47.60. The stock’s fifty day simple moving average is $45.85 and its 200 day simple moving average is $45.83.

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.