Optima Capital LLC Sells 44,938 Shares of DoubleLine Opportunistic Bond ETF $DBND

Optima Capital LLC cut its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 36.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,185 shares of the company’s stock after selling 44,938 shares during the period. DoubleLine Opportunistic Bond ETF makes up about 1.4% of Optima Capital LLC’s portfolio, making the stock its 21st biggest holding. Optima Capital LLC owned approximately 0.43% of DoubleLine Opportunistic Bond ETF worth $3,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DBND. Vise Technologies Inc. increased its position in shares of DoubleLine Opportunistic Bond ETF by 30.1% in the third quarter. Vise Technologies Inc. now owns 79,414 shares of the company’s stock worth $3,453,000 after purchasing an additional 18,394 shares during the period. Apollon Wealth Management LLC bought a new stake in DoubleLine Opportunistic Bond ETF during the third quarter worth about $369,000. Beaumont Financial Advisors LLC lifted its position in DoubleLine Opportunistic Bond ETF by 1.8% during the third quarter. Beaumont Financial Advisors LLC now owns 29,532 shares of the company’s stock worth $1,284,000 after purchasing an additional 510 shares during the period. Boothe Investment Group Inc. lifted its position in DoubleLine Opportunistic Bond ETF by 15.8% during the third quarter. Boothe Investment Group Inc. now owns 873,431 shares of the company’s stock worth $37,977,000 after purchasing an additional 118,950 shares during the period. Finally, Axxcess Wealth Management LLC grew its stake in DoubleLine Opportunistic Bond ETF by 6.2% during the third quarter. Axxcess Wealth Management LLC now owns 13,939 shares of the company’s stock worth $606,000 after buying an additional 819 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DoubleLine Opportunistic Bond ETF stock opened at $44.22 on Monday. DoubleLine Opportunistic Bond ETF has a 12-month low of $43.18 and a 12-month high of $47.05. The firm’s 50-day moving average price is $44.07 and its two-hundred day moving average price is $45.33.

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. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.