W.G. Shaheen & Associates DBA Whitney & Co increased its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 7.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 581,228 shares of the company’s stock after acquiring an additional 37,890 shares during the quarter. DoubleLine Opportunistic Bond ETF comprises 2.2% of W.G. Shaheen & Associates DBA Whitney & Co’s holdings, making the stock its 13th largest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in DoubleLine Opportunistic Bond ETF were worth $26,626,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DBND. Root Financial Partners LLC bought a new position in DoubleLine Opportunistic Bond ETF in the 4th quarter worth about $74,000. Clayton Financial Group LLC bought a new stake in shares of DoubleLine Opportunistic Bond ETF during the fourth quarter valued at approximately $125,000. Bank of America Corp DE purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at approximately $125,000. Farther Finance Advisors LLC boosted its holdings in shares of DoubleLine Opportunistic Bond ETF by 5,775.0% in the fourth quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock valued at $131,000 after purchasing an additional 2,772 shares during the period. Finally, First Financial Group Corp purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the first quarter valued at approximately $216,000.
DoubleLine Opportunistic Bond ETF Price Performance
Shares of NYSEARCA:DBND opened at $45.27 on Friday. The business’s 50 day moving average is $45.41 and its 200 day moving average is $45.93. DoubleLine Opportunistic Bond ETF has a 52-week low of $45.03 and a 52-week high of $47.05.
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.
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Want to see what other hedge funds are holding DBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report).
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