DoubleLine Commercial Real Estate ETF $DCRE Shares Bought by Gradient Investments LLC

Gradient Investments LLC grew its position in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 14.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 392,043 shares of the company’s stock after buying an additional 49,125 shares during the quarter. Gradient Investments LLC owned 4.49% of DoubleLine Commercial Real Estate ETF worth $20,310,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its holdings in DoubleLine Commercial Real Estate ETF by 62.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 278,797 shares of the company’s stock worth $14,468,000 after purchasing an additional 106,771 shares in the last quarter. Tortoise Investment Management LLC boosted its holdings in DoubleLine Commercial Real Estate ETF by 9.9% in the 4th quarter. Tortoise Investment Management LLC now owns 264,905 shares of the company’s stock valued at $13,749,000 after purchasing an additional 23,944 shares in the last quarter. Foundations Investment Advisors LLC boosted its holdings in DoubleLine Commercial Real Estate ETF by 63.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 521,381 shares of the company’s stock valued at $27,060,000 after purchasing an additional 203,133 shares in the last quarter. Sanctuary Advisors LLC increased its position in DoubleLine Commercial Real Estate ETF by 5.1% during the 1st quarter. Sanctuary Advisors LLC now owns 700,290 shares of the company’s stock worth $36,387,000 after purchasing an additional 33,687 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in DoubleLine Commercial Real Estate ETF during the 1st quarter worth approximately $1,530,000.

DoubleLine Commercial Real Estate ETF Price Performance

Shares of DCRE stock opened at $51.53 on Friday. The stock has a 50 day simple moving average of $51.64 and a 200-day simple moving average of $51.86. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.38 and a 12-month high of $52.56.

About DoubleLine Commercial Real Estate ETF

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. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.