DoubleLine Asset-Backed Securities ETF $DABS Stock Holdings Decreased by Gradient Investments LLC

Gradient Investments LLC reduced its position in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) by 76.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,105,702 shares of the company’s stock after selling 3,576,435 shares during the quarter. Gradient Investments LLC owned 0.36% of DoubleLine Asset-Backed Securities ETF worth $55,033,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of DoubleLine Asset-Backed Securities ETF by 19.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,305,030 shares of the company’s stock worth $66,136,000 after purchasing an additional 213,447 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in DoubleLine Asset-Backed Securities ETF in the 2nd quarter worth approximately $80,000. Corient Private Wealth LP acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF during the 2nd quarter valued at $596,000. Paladin Wealth LLC grew its holdings in shares of DoubleLine Asset-Backed Securities ETF by 6.0% during the 2nd quarter. Paladin Wealth LLC now owns 45,274 shares of the company’s stock valued at $2,294,000 after acquiring an additional 2,569 shares in the last quarter. Finally, Breakwater Capital Group increased its stake in shares of DoubleLine Asset-Backed Securities ETF by 61.0% in the second quarter. Breakwater Capital Group now owns 10,475 shares of the company’s stock worth $531,000 after acquiring an additional 3,969 shares during the last quarter.

DoubleLine Asset-Backed Securities ETF Price Performance

DABS traded up $0.04 during trading on Thursday, reaching $49.64. 8,381 shares of the stock traded hands, compared to its average volume of 14,995. The stock’s 50-day simple moving average is $50.11 and its two-hundred day simple moving average is $50.40. DoubleLine Asset-Backed Securities ETF has a fifty-two week low of $49.52 and a fifty-two week high of $51.52.

DoubleLine Asset-Backed Securities ETF Company Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.