Cwm LLC Sells 2,873 Shares of DoubleLine Opportunistic Bond ETF $DBND

Cwm LLC lessened its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 0.3% in the second quarter, HoldingsChannel reports. The firm owned 1,106,231 shares of the company’s stock after selling 2,873 shares during the period. Cwm LLC owned 0.10% of DoubleLine Opportunistic Bond ETF worth $51,152,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DBND. Janney Montgomery Scott LLC bought a new stake in DoubleLine Opportunistic Bond ETF in the first quarter valued at about $522,000. Boothe Investment Group Inc. increased its holdings in DoubleLine Opportunistic Bond ETF by 40.6% in the first quarter. Boothe Investment Group Inc. now owns 554,999 shares of the company’s stock valued at $25,624,000 after purchasing an additional 160,379 shares during the last quarter. Premier Path Wealth Partners LLC increased its holdings in DoubleLine Opportunistic Bond ETF by 9.0% in the first quarter. Premier Path Wealth Partners LLC now owns 130,313 shares of the company’s stock valued at $6,017,000 after purchasing an additional 10,738 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in DoubleLine Opportunistic Bond ETF by 22.4% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 5,451 shares of the company’s stock valued at $252,000 after purchasing an additional 998 shares during the last quarter. Finally, Cornerstone Wealth Group LLC increased its holdings in DoubleLine Opportunistic Bond ETF by 3.0% in the first quarter. Cornerstone Wealth Group LLC now owns 48,945 shares of the company’s stock valued at $2,260,000 after purchasing an additional 1,421 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Trading Up 0.3%

NYSEARCA DBND opened at $46.55 on Friday. The stock has a 50-day simple moving average of $46.38 and a 200 day simple moving average of $45.93. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.83 and a 12 month high of $46.83.

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.