NewEdge Advisors LLC Acquires Shares of 204,611 DoubleLine Opportunistic Bond ETF $DBND

NewEdge Advisors LLC bought a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 204,611 shares of the company’s stock, valued at approximately $9,373,000.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in DoubleLine Opportunistic Bond ETF by 224.9% during the 1st quarter. Bank of America Corp DE now owns 14,056 shares of the company’s stock valued at $644,000 after purchasing an additional 9,730 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co grew its stake in DoubleLine Opportunistic Bond ETF by 7.0% during the first quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 581,228 shares of the company’s stock worth $26,626,000 after buying an additional 37,890 shares during the last quarter. Beaumont Financial Advisors LLC increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 4.2% during the first quarter. Beaumont Financial Advisors LLC now owns 27,496 shares of the company’s stock worth $1,260,000 after buying an additional 1,102 shares in the last quarter. Journey Advisory Group LLC increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 296.5% during the first quarter. Journey Advisory Group LLC now owns 496,108 shares of the company’s stock worth $22,727,000 after buying an additional 370,972 shares in the last quarter. Finally, BlueChip Wealth Advisors LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 17.1% in the first quarter. BlueChip Wealth Advisors LLC now owns 84,754 shares of the company’s stock valued at $3,883,000 after acquiring an additional 12,392 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of DBND opened at $45.05 on Friday. DoubleLine Opportunistic Bond ETF has a one year low of $44.85 and a one year high of $47.05. The business’s 50 day simple moving average is $45.33 and its 200-day simple moving average is $45.84.

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. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.