Citadel Advisors LLC Trims Stake in DoubleLine Opportunistic Bond ETF $DBND

Citadel Advisors LLC lessened its holdings in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 39.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,760 shares of the company’s stock after selling 11,585 shares during the period. Citadel Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $810,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Foundations Investment Advisors LLC boosted its position in DoubleLine Opportunistic Bond ETF by 29.6% in the 4th quarter. Foundations Investment Advisors LLC now owns 700,920 shares of the company’s stock valued at $32,498,000 after buying an additional 160,205 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the 1st quarter worth $31,346,000. Boothe Investment Group Inc. grew its position in shares of DoubleLine Opportunistic Bond ETF by 5.3% during the 1st quarter. Boothe Investment Group Inc. now owns 679,687 shares of the company’s stock worth $31,136,000 after buying an additional 34,208 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of DoubleLine Opportunistic Bond ETF by 57.4% during the 3rd quarter. Raymond James Financial Inc. now owns 621,576 shares of the company’s stock worth $28,922,000 after buying an additional 226,685 shares in the last quarter. Finally, UBS Group AG increased its stake in shares of DoubleLine Opportunistic Bond ETF by 2.7% during the third quarter. UBS Group AG now owns 583,898 shares of the company’s stock valued at $27,169,000 after buying an additional 15,569 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

DBND stock opened at $44.22 on Friday. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.21 and a 1-year high of $47.05. The business has a 50-day moving average price of $44.97 and a 200 day moving average price of $45.49.

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.