Maridea Wealth Management LLC Takes Position in DoubleLine Opportunistic Bond ETF $DBND

Maridea Wealth Management LLC bought a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,740 shares of the company’s stock, valued at approximately $269,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DBND. Foundations Investment Advisors LLC lifted its position in DoubleLine Opportunistic Bond ETF by 29.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 700,920 shares of the company’s stock worth $32,498,000 after purchasing an additional 160,205 shares during the period. NewEdge Advisors LLC acquired a new position in shares of DoubleLine Opportunistic Bond ETF in the 1st quarter valued at $31,346,000. Boothe Investment Group Inc. raised its stake in shares of DoubleLine Opportunistic Bond ETF by 5.3% in the 1st quarter. Boothe Investment Group Inc. now owns 679,687 shares of the company’s stock valued at $31,136,000 after buying an additional 34,208 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of DoubleLine Opportunistic Bond ETF by 57.4% during the 3rd quarter. Raymond James Financial Inc. now owns 621,576 shares of the company’s stock worth $28,922,000 after acquiring an additional 226,685 shares during the period. Finally, UBS Group AG lifted its holdings in shares of DoubleLine Opportunistic Bond ETF by 3.8% during the 4th quarter. UBS Group AG now owns 605,984 shares of the company’s stock worth $28,096,000 after acquiring an additional 22,086 shares during the period.

DoubleLine Opportunistic Bond ETF Trading Down 0.2%

Shares of DoubleLine Opportunistic Bond ETF stock opened at $45.00 on Friday. The firm’s 50-day simple moving average is $45.23 and its 200-day simple moving average is $45.73. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.74 and a twelve month 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.