DoubleLine Opportunistic Bond ETF $DBND Shares Sold by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC reduced its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 6.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,872 shares of the company’s stock after selling 3,073 shares during the quarter. Cornerstone Wealth Group LLC owned about 0.42% of DoubleLine Opportunistic Bond ETF worth $2,121,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. raised its stake in DoubleLine Opportunistic Bond ETF by 22.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 5,451 shares of the company’s stock worth $252,000 after acquiring an additional 998 shares in the last quarter. Barnes Wealth Management Group Inc grew its position in DoubleLine Opportunistic Bond ETF by 29.6% during the 1st quarter. Barnes Wealth Management Group Inc now owns 10,139 shares of the company’s stock worth $468,000 after purchasing an additional 2,318 shares during the last quarter. Waddell & Associates LLC grew its position in DoubleLine Opportunistic Bond ETF by 1.5% during the 1st quarter. Waddell & Associates LLC now owns 187,018 shares of the company’s stock worth $8,635,000 after purchasing an additional 2,852 shares during the last quarter. Clear Creek Financial Management LLC purchased a new position in DoubleLine Opportunistic Bond ETF during the 2nd quarter worth $239,000. Finally, Ameriflex Group Inc. purchased a new position in DoubleLine Opportunistic Bond ETF during the 2nd quarter worth $257,000.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of DoubleLine Opportunistic Bond ETF stock opened at $46.64 on Tuesday. DoubleLine Opportunistic Bond ETF has a 1 year low of $44.83 and a 1 year high of $46.83. The company’s fifty day moving average is $46.39 and its two-hundred day moving average is $45.94.

DoubleLine Opportunistic Bond ETF Company 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.