Beckerman Institutional LLC Grows Stock Position in DoubleLine Opportunistic Bond ETF $DBND

Beckerman Institutional LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 188,922 shares of the company’s stock after purchasing an additional 13,721 shares during the quarter. DoubleLine Opportunistic Bond ETF accounts for about 5.8% of Beckerman Institutional LLC’s holdings, making the stock its 2nd largest position. Beckerman Institutional LLC owned about 1.74% of DoubleLine Opportunistic Bond ETF worth $8,736,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Seascape Capital Management raised its stake in shares of DoubleLine Opportunistic Bond ETF by 10.7% during the 2nd quarter. Seascape Capital Management now owns 599,767 shares of the company’s stock valued at $27,733,000 after purchasing an additional 57,962 shares during the period. Boothe Investment Group Inc. increased its stake in DoubleLine Opportunistic Bond ETF by 6.9% in the 2nd quarter. Boothe Investment Group Inc. now owns 593,523 shares of the company’s stock worth $27,445,000 after acquiring an additional 38,524 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co increased its stake in DoubleLine Opportunistic Bond ETF by 6.5% in the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 486,184 shares of the company’s stock worth $22,481,000 after acquiring an additional 29,569 shares during the last quarter. Benchmark Financial Wealth Advisors LLC increased its stake in DoubleLine Opportunistic Bond ETF by 8.0% in the 2nd quarter. Benchmark Financial Wealth Advisors LLC now owns 367,708 shares of the company’s stock worth $17,003,000 after acquiring an additional 27,358 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in DoubleLine Opportunistic Bond ETF by 4.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 348,913 shares of the company’s stock worth $16,134,000 after acquiring an additional 13,993 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of NYSEARCA DBND opened at $46.41 on Wednesday. The stock’s 50-day simple moving average is $46.58 and its two-hundred day simple moving average is $46.05. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.83 and a twelve month high of $46.90.

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.