NewEdge Advisors LLC Sells 589 Shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

NewEdge Advisors LLC cut its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 5.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,306 shares of the company’s stock after selling 589 shares during the period. NewEdge Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $467,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. grew its stake in DoubleLine Opportunistic Bond ETF by 5.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,453 shares of the company’s stock valued at $202,000 after purchasing an additional 230 shares in the last quarter. Sigma Planning Corp grew its stake in DoubleLine Opportunistic Bond ETF by 6.5% in the fourth quarter. Sigma Planning Corp now owns 5,912 shares of the company’s stock valued at $268,000 after purchasing an additional 363 shares in the last quarter. Jane Street Group LLC bought a new position in DoubleLine Opportunistic Bond ETF in the third quarter valued at approximately $287,000. Atria Investments Inc grew its stake in DoubleLine Opportunistic Bond ETF by 18.0% in the fourth quarter. Atria Investments Inc now owns 6,970 shares of the company’s stock valued at $316,000 after purchasing an additional 1,061 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 23.5% during the 4th quarter. LPL Financial LLC now owns 9,983 shares of the company’s stock worth $452,000 after acquiring an additional 1,900 shares during the period.

DoubleLine Opportunistic Bond ETF Trading Up 0.2 %

Shares of NYSEARCA DBND opened at $46.01 on Tuesday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.44 and a 12 month high of $47.60. The stock has a 50 day moving average of $45.88 and a 200-day moving average of $45.75.

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.