DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) Position Increased by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC raised its holdings in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 3.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,945 shares of the company’s stock after purchasing an additional 1,421 shares during the period. Cornerstone Wealth Group LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $2,260,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its stake in DoubleLine Opportunistic Bond ETF by 5.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 4,453 shares of the company’s stock valued at $202,000 after purchasing an additional 230 shares during the last quarter. Sigma Planning Corp grew its position in shares of DoubleLine Opportunistic Bond ETF by 6.5% during the fourth quarter. Sigma Planning Corp now owns 5,912 shares of the company’s stock worth $268,000 after acquiring an additional 363 shares during the last quarter. Axxcess Wealth Management LLC grew its position in shares of DoubleLine Opportunistic Bond ETF by 7.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 12,139 shares of the company’s stock worth $550,000 after acquiring an additional 806 shares during the last quarter. Atria Investments Inc grew its position in shares of DoubleLine Opportunistic Bond ETF by 18.0% during the fourth quarter. Atria Investments Inc now owns 6,970 shares of the company’s stock worth $316,000 after acquiring an additional 1,061 shares during the last quarter. Finally, Comerica Bank grew its position in shares of DoubleLine Opportunistic Bond ETF by 10.7% during the fourth quarter. Comerica Bank now owns 11,070 shares of the company’s stock worth $501,000 after acquiring an additional 1,070 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

DoubleLine Opportunistic Bond ETF stock opened at $45.89 on Tuesday. The company has a 50-day simple moving average of $45.57 and a 200-day simple moving average of $45.63. DoubleLine Opportunistic Bond ETF has a one year low of $44.83 and a one year high of $47.60.

DoubleLine Opportunistic Bond ETF Company 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.