January Capital Advisors LLC Decreases Stake in DoubleLine Opportunistic Bond ETF $DBND

January Capital Advisors LLC decreased its position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 44.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,184 shares of the company’s stock after selling 68,532 shares during the period. DoubleLine Opportunistic Bond ETF makes up about 3.2% of January Capital Advisors LLC’s portfolio, making the stock its 11th biggest holding. January Capital Advisors LLC owned about 0.51% of DoubleLine Opportunistic Bond ETF worth $3,838,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in DoubleLine Opportunistic Bond ETF by 101.3% during the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock valued at $2,058,000 after acquiring an additional 22,437 shares during the period. Jane Street Group LLC increased its stake in shares of DoubleLine Opportunistic Bond ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock worth $2,311,000 after acquiring an additional 10,959 shares during the period. Raymond James Financial Inc. increased its stake in shares of DoubleLine Opportunistic Bond ETF by 290.0% in the second quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock worth $18,260,000 after acquiring an additional 293,626 shares during the period. Ausdal Financial Partners Inc. raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 30.2% during the second quarter. Ausdal Financial Partners Inc. now owns 121,193 shares of the company’s stock worth $5,604,000 after purchasing an additional 28,081 shares during the last quarter. Finally, MML Investors Services LLC raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 11.2% during the second quarter. MML Investors Services LLC now owns 142,702 shares of the company’s stock worth $6,599,000 after purchasing an additional 14,323 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of DBND stock opened at $44.68 on Monday. DoubleLine Opportunistic Bond ETF has a 52-week low of $44.50 and a 52-week high of $47.05. The business has a 50-day simple moving average of $45.07 and a 200-day simple moving average of $45.56.

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.