NewEdge Advisors LLC grew its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 6.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 725,049 shares of the company’s stock after purchasing an additional 40,790 shares during the quarter. NewEdge Advisors LLC owned approximately 4.40% of DoubleLine Opportunistic Bond ETF worth $33,055,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in DoubleLine Opportunistic Bond ETF in the fourth quarter valued at approximately $74,000. Western Wealth Management LLC acquired a new position in shares of DoubleLine Opportunistic Bond ETF during the 1st quarter worth approximately $101,000. Bank of America Corp DE purchased a new position in shares of DoubleLine Opportunistic Bond ETF during the 3rd quarter valued at approximately $125,000. First Financial Group Corp purchased a new position in shares of DoubleLine Opportunistic Bond ETF during the 1st quarter valued at approximately $216,000. Finally, Osaic Holdings Inc. grew its stake in DoubleLine Opportunistic Bond ETF by 11.4% in the 2nd quarter. Osaic Holdings Inc. now owns 7,350 shares of the company’s stock valued at $340,000 after acquiring an additional 751 shares during the period.
DoubleLine Opportunistic Bond ETF Price Performance
DBND stock opened at $44.60 on Thursday. DoubleLine Opportunistic Bond ETF has a 52 week low of $44.50 and a 52 week high of $47.05. The firm has a 50-day simple moving average of $45.01 and a 200-day simple moving average of $45.51.
About DoubleLine Opportunistic Bond ETF
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.
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