Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Free Report) by 119.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 102,278 shares of the company’s stock after purchasing an additional 55,711 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.05% of DoubleLine Asset-Backed Securities ETF worth $5,207,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in DABS. Jane Street Group LLC acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF during the first quarter worth approximately $3,191,000. A4 Wealth Advisors LLC acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF during the third quarter worth approximately $390,000. Beam Wealth Advisors Inc. acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF during the third quarter worth approximately $12,945,000. Basso Capital Management L.P. boosted its holdings in shares of DoubleLine Asset-Backed Securities ETF by 133.3% during the third quarter. Basso Capital Management L.P. now owns 3,500 shares of the company’s stock worth $179,000 after purchasing an additional 2,000 shares during the period. Finally, Focus Partners Wealth acquired a new stake in DoubleLine Asset-Backed Securities ETF in the third quarter valued at approximately $172,637,000.
DoubleLine Asset-Backed Securities ETF Trading Up 0.2%
NYSEARCA DABS opened at $50.66 on Friday. The company has a 50 day moving average price of $50.63 and a two-hundred day moving average price of $50.87. DoubleLine Asset-Backed Securities ETF has a 12-month low of $49.96 and a 12-month high of $54.15.
About DoubleLine Asset-Backed Securities ETF
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.
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