GeoWealth Management LLC grew its holdings in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Free Report) by 21.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 91,584 shares of the company’s stock after purchasing an additional 16,134 shares during the quarter. GeoWealth Management LLC owned approximately 9.16% of DoubleLine Commodity Strategy ETF worth $2,336,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the business. Foundations Investment Advisors LLC boosted its holdings in DoubleLine Commodity Strategy ETF by 15.0% during the fourth quarter. Foundations Investment Advisors LLC now owns 614,742 shares of the company’s stock worth $15,682,000 after buying an additional 80,244 shares during the last quarter. Global Wealth Management Investment Advisory Inc. acquired a new stake in shares of DoubleLine Commodity Strategy ETF in the 4th quarter valued at approximately $1,107,000. Finally, Tucker Asset Management LLC bought a new position in DoubleLine Commodity Strategy ETF during the 4th quarter worth approximately $49,000.
DoubleLine Commodity Strategy ETF Stock Performance
Shares of NYSEARCA DCMT opened at $25.45 on Friday. The firm has a 50 day moving average price of $26.16 and a 200 day moving average price of $25.95. DoubleLine Commodity Strategy ETF has a 52-week low of $23.63 and a 52-week high of $27.99.
DoubleLine Commodity Strategy ETF Company Profile
The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle.
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