Foundations Investment Advisors LLC Boosts Stock Holdings in DoubleLine Commodity Strategy ETF $DCMT

Foundations Investment Advisors LLC boosted its position in shares of DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) by 16.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 721,951 shares of the company’s stock after buying an additional 103,834 shares during the period. Foundations Investment Advisors LLC owned 0.75% of DoubleLine Commodity Strategy ETF worth $18,841,000 at the end of the most recent quarter.

Separately, Global Wealth Management Investment Advisory Inc. grew its position in shares of DoubleLine Commodity Strategy ETF by 3.8% in the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 55,489 shares of the company’s stock valued at $1,448,000 after purchasing an additional 2,018 shares in the last quarter.

DoubleLine Commodity Strategy ETF Stock Performance

DCMT stock opened at $34.10 on Thursday. The business has a 50 day simple moving average of $34.09 and a 200-day simple moving average of $29.98. DoubleLine Commodity Strategy ETF has a 1 year low of $25.14 and a 1 year high of $36.41.

DoubleLine Commodity Strategy ETF 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. DCMT was launched on Jan 31, 2024 and is issued by DoubleLine.