UBS Group AG Purchases 22,086 Shares of DoubleLine Opportunistic Bond ETF $DBND

UBS Group AG grew its position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 605,984 shares of the company’s stock after purchasing an additional 22,086 shares during the quarter. UBS Group AG owned approximately 4.45% of DoubleLine Opportunistic Bond ETF worth $28,096,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Entrewealth LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 1.3% in the 3rd quarter. Entrewealth LLC now owns 22,816 shares of the company’s stock valued at $1,062,000 after purchasing an additional 288 shares during the last quarter. Cornerstone Wealth Group LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 0.9% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 46,263 shares of the company’s stock valued at $2,153,000 after purchasing an additional 391 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 3.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 12,201 shares of the company’s stock valued at $568,000 after purchasing an additional 445 shares during the last quarter. Stonehearth Capital Management LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 9.6% in the 4th quarter. Stonehearth Capital Management LLC now owns 8,042 shares of the company’s stock valued at $373,000 after purchasing an additional 702 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 6.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 11,115 shares of the company’s stock valued at $517,000 after purchasing an additional 712 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Up 0.2%

NYSEARCA:DBND opened at $45.78 on Friday. The firm’s fifty day moving average is $45.99 and its 200-day moving average is $46.32. DoubleLine Opportunistic Bond ETF has a 52 week low of $45.12 and a 52 week high of $47.05.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a dividend of $0.1662 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

DoubleLine Opportunistic Bond ETF 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.