Waddell & Associates LLC Sells 17,391 Shares of DoubleLine Opportunistic Bond ETF $DBND

Waddell & Associates LLC cut its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 9.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 164,566 shares of the company’s stock after selling 17,391 shares during the quarter. DoubleLine Opportunistic Bond ETF makes up about 0.5% of Waddell & Associates LLC’s portfolio, making the stock its 19th largest position. Waddell & Associates LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $7,630,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DBND. LPL Financial LLC boosted its stake in DoubleLine Opportunistic Bond ETF by 16.1% in the 4th quarter. LPL Financial LLC now owns 29,819 shares of the company’s stock worth $1,383,000 after purchasing an additional 4,128 shares during the period. Goldman Sachs Group Inc. increased its position in shares of DoubleLine Opportunistic Bond ETF by 43.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 21,474 shares of the company’s stock valued at $996,000 after buying an additional 6,487 shares during the period. Root Financial Partners LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the fourth quarter worth about $74,000. Principia Wealth Advisory LLC lifted its holdings in shares of DoubleLine Opportunistic Bond ETF by 5.2% during the 4th quarter. Principia Wealth Advisory LLC now owns 10,926 shares of the company’s stock worth $507,000 after acquiring an additional 542 shares during the last quarter. Finally, Beckerman Institutional LLC lifted its stake in DoubleLine Opportunistic Bond ETF by 4.3% in the fourth quarter. Beckerman Institutional LLC now owns 210,540 shares of the company’s stock worth $9,762,000 after purchasing an additional 8,684 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

DBND opened at $45.16 on Tuesday. The stock’s 50 day simple moving average is $45.67 and its 200 day simple moving average is $46.14. DoubleLine Opportunistic Bond ETF has a 1 year low of $45.03 and a 1 year high of $47.05.

About DoubleLine Opportunistic Bond ETF

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.