Sunbeam Capital Management LLC Buys Shares of 13,966 DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Sunbeam Capital Management LLC purchased a new position in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 13,966 shares of the company’s stock, valued at approximately $719,000. DoubleLine Commercial Real Estate ETF accounts for approximately 1.5% of Sunbeam Capital Management LLC’s holdings, making the stock its 18th biggest position.

Other institutional investors also recently modified their holdings of the company. NorthRock Partners LLC acquired a new stake in shares of DoubleLine Commercial Real Estate ETF during the fourth quarter worth $209,000. First Financial Group Corp acquired a new position in shares of DoubleLine Commercial Real Estate ETF during the 4th quarter worth about $312,000. Naples Global Advisors LLC increased its stake in shares of DoubleLine Commercial Real Estate ETF by 10.2% in the 4th quarter. Naples Global Advisors LLC now owns 9,660 shares of the company’s stock valued at $497,000 after acquiring an additional 895 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of DoubleLine Commercial Real Estate ETF in the 4th quarter valued at about $515,000. Finally, Bank of America Corp DE acquired a new stake in shares of DoubleLine Commercial Real Estate ETF in the 4th quarter valued at approximately $544,000.

DoubleLine Commercial Real Estate ETF Price Performance

DoubleLine Commercial Real Estate ETF stock opened at $51.71 on Friday. The company’s 50 day simple moving average is $51.70 and its 200 day simple moving average is $51.60. DoubleLine Commercial Real Estate ETF has a fifty-two week low of $51.02 and a fifty-two week high of $53.11.

DoubleLine Commercial Real Estate ETF Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation.