Beckerman Institutional LLC Has $8.09 Million Position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Beckerman Institutional LLC grew its holdings in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 4.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,201 shares of the company’s stock after purchasing an additional 7,023 shares during the quarter. DoubleLine Opportunistic Bond ETF comprises about 5.9% of Beckerman Institutional LLC’s investment portfolio, making the stock its 2nd biggest position. Beckerman Institutional LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $8,089,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. grew its stake in DoubleLine Opportunistic Bond ETF by 5.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,453 shares of the company’s stock worth $202,000 after buying an additional 230 shares in the last quarter. Stonehearth Capital Management LLC grew its position in DoubleLine Opportunistic Bond ETF by 20.7% during the 1st quarter. Stonehearth Capital Management LLC now owns 7,474 shares of the company’s stock valued at $345,000 after purchasing an additional 1,282 shares during the last quarter. Strategic Wealth Partners Ltd. bought a new stake in shares of DoubleLine Opportunistic Bond ETF in the fourth quarter worth approximately $409,000. NBC Securities Inc. bought a new position in DoubleLine Opportunistic Bond ETF during the first quarter valued at approximately $423,000. Finally, LPL Financial LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 23.5% in the 4th quarter. LPL Financial LLC now owns 9,983 shares of the company’s stock worth $452,000 after purchasing an additional 1,900 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DBND opened at $45.72 on Friday. DoubleLine Opportunistic Bond ETF has a 12-month low of $44.83 and a 12-month high of $47.60. The company’s 50-day moving average price is $45.63 and its 200 day moving average price is $45.67.

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.