BlueChip Wealth Advisors LLC Raises Stake in DoubleLine Opportunistic Bond ETF $DBND

BlueChip Wealth Advisors LLC lifted its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 17.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 84,754 shares of the company’s stock after purchasing an additional 12,392 shares during the period. DoubleLine Opportunistic Bond ETF comprises about 1.7% of BlueChip Wealth Advisors LLC’s investment portfolio, making the stock its 20th largest position. BlueChip Wealth Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $3,883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new position in DoubleLine Opportunistic Bond ETF in the 4th quarter worth about $74,000. Bank of America Corp DE purchased a new stake in DoubleLine Opportunistic Bond ETF in the 3rd quarter valued at about $125,000. Clayton Financial Group LLC purchased a new stake in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $125,000. Farther Finance Advisors LLC grew its stake in 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 acquiring an additional 2,772 shares in the last quarter. Finally, First Financial Group Corp bought a new position in DoubleLine Opportunistic Bond ETF in the 1st quarter worth about $216,000.

DoubleLine Opportunistic Bond ETF Stock Up 0.2%

Shares of NYSEARCA:DBND opened at $45.15 on Wednesday. The firm’s 50 day simple moving average is $45.43 and its 200-day simple moving average is $45.95. DoubleLine Opportunistic Bond ETF has a one year low of $45.03 and a one year high of $47.05.

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.