DoubleLine Asset-Backed Securities ETF $DABS Shares Sold by Walser Wealth Management Company A Ltd Liability Co

Walser Wealth Management Company A Ltd Liability Co lowered its stake in DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) by 60.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,408 shares of the company’s stock after selling 12,782 shares during the period. Walser Wealth Management Company A Ltd Liability Co owned approximately 0.27% of DoubleLine Asset-Backed Securities ETF worth $418,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DABS. Envestnet Asset Management Inc. grew its position in DoubleLine Asset-Backed Securities ETF by 19.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,305,030 shares of the company’s stock valued at $66,136,000 after buying an additional 213,447 shares during the last quarter. Beam Wealth Advisors Inc. increased its stake in DoubleLine Asset-Backed Securities ETF by 20.7% in the 1st quarter. Beam Wealth Advisors Inc. now owns 333,511 shares of the company’s stock valued at $16,938,000 after buying an additional 57,132 shares during the period. Paladin Wealth LLC raised its position in DoubleLine Asset-Backed Securities ETF by 6.0% during the 2nd quarter. Paladin Wealth LLC now owns 45,274 shares of the company’s stock worth $2,294,000 after buying an additional 2,569 shares during the last quarter. Empowered Funds LLC purchased a new position in DoubleLine Asset-Backed Securities ETF during the 1st quarter worth $2,195,000. Finally, Corient Private Wealth LP purchased a new position in DoubleLine Asset-Backed Securities ETF during the 2nd quarter worth $596,000.

DoubleLine Asset-Backed Securities ETF Stock Performance

DABS stock opened at $49.71 on Friday. DoubleLine Asset-Backed Securities ETF has a one year low of $49.52 and a one year high of $51.52. The company has a fifty day moving average of $50.03 and a 200-day moving average of $50.35.

About DoubleLine Asset-Backed Securities ETF

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.