Foundations Investment Advisors LLC raised its holdings in DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Free Report) by 241.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 134,630 shares of the company’s stock after purchasing an additional 95,158 shares during the quarter. Foundations Investment Advisors LLC owned 0.15% of DoubleLine Multi-Sector Income ETF worth $6,791,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DMX. Jane Street Group LLC acquired a new position in DoubleLine Multi-Sector Income ETF in the first quarter valued at approximately $360,000. Seascape Capital Management boosted its position in DoubleLine Multi-Sector Income ETF by 252.3% during the second quarter. Seascape Capital Management now owns 88,233 shares of the company’s stock worth $4,450,000 after purchasing an additional 63,187 shares in the last quarter. Finally, Hippocratic Financial Advisors LLC acquired a new stake in DoubleLine Multi-Sector Income ETF in the second quarter valued at approximately $21,835,000.
DoubleLine Multi-Sector Income ETF Price Performance
Shares of NYSEARCA DMX opened at $50.32 on Friday. The firm has a fifty day moving average of $50.53 and a 200 day moving average of $50.27. DoubleLine Multi-Sector Income ETF has a one year low of $48.45 and a one year high of $50.87.
DoubleLine Multi-Sector Income ETF Company Profile
The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities.
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