Optima Capital LLC Sells 44,938 Shares of DoubleLine Opportunistic Bond ETF $DBND

Optima Capital LLC lessened its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 36.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 79,185 shares of the company’s stock after selling 44,938 shares during the period. DoubleLine Opportunistic Bond ETF makes up approximately 1.4% of Optima Capital LLC’s portfolio, making the stock its 21st biggest position. Optima Capital LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $3,443,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. January Capital Advisors LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF in the 1st quarter valued at $6,996,000. NewEdge Advisors LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the 1st quarter valued at $31,346,000. Beckerman Institutional LLC boosted its holdings in shares of DoubleLine Opportunistic Bond ETF by 5.6% during the 1st quarter. Beckerman Institutional LLC now owns 222,253 shares of the company’s stock valued at $10,181,000 after acquiring an additional 11,713 shares in the last quarter. Journey Advisory Group LLC grew its position in DoubleLine Opportunistic Bond ETF by 296.5% during the 1st quarter. Journey Advisory Group LLC now owns 496,108 shares of the company’s stock worth $22,727,000 after acquiring an additional 370,972 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in DoubleLine Opportunistic Bond ETF during the 1st quarter worth $509,000.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of DBND opened at $44.22 on Monday. DoubleLine Opportunistic Bond ETF has a 12-month low of $43.18 and a 12-month high of $47.05. The business has a 50-day simple moving average of $44.07 and a two-hundred day simple moving average of $45.33.

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.