DoubleLine Opportunistic Bond ETF $DBND Stock Position Lifted by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 29.6% in the 4th quarter, HoldingsChannel reports. The firm owned 700,920 shares of the company’s stock after purchasing an additional 160,205 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.05% of DoubleLine Opportunistic Bond ETF worth $32,498,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of DBND. Clayton Financial Group LLC bought a new position in DoubleLine Opportunistic Bond ETF during the fourth quarter valued at about $125,000. Bank of America Corp DE bought a new position in DoubleLine Opportunistic Bond ETF during the third quarter valued at about $125,000. Farther Finance Advisors LLC boosted its stake in DoubleLine Opportunistic Bond ETF by 5,775.0% during the fourth quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock valued at $131,000 after buying an additional 2,772 shares in the last quarter. Sanctuary Advisors LLC bought a new position in DoubleLine Opportunistic Bond ETF during the fourth quarter valued at about $288,000. Finally, Krilogy Financial LLC bought a new position in DoubleLine Opportunistic Bond ETF during the third quarter valued at about $315,000.

DoubleLine Opportunistic Bond ETF Stock Up 0.1%

Shares of DBND stock opened at $45.55 on Thursday. The stock has a 50-day simple moving average of $45.72 and a 200 day simple moving average of $46.20. DoubleLine Opportunistic Bond ETF has a fifty-two week low of $45.03 and a fifty-two week high of $47.05.

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.