Waddell & Associates LLC Sells 17,391 Shares of DoubleLine Opportunistic Bond ETF $DBND

Waddell & Associates LLC lowered its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 9.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 164,566 shares of the company’s stock after selling 17,391 shares during the period. DoubleLine Opportunistic Bond ETF makes up approximately 0.5% of Waddell & Associates LLC’s portfolio, making the stock its 19th biggest holding. Waddell & Associates LLC owned about 1.19% of DoubleLine Opportunistic Bond ETF worth $7,630,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Entrewealth LLC lifted its holdings in shares of DoubleLine Opportunistic Bond ETF by 1.3% in the third quarter. Entrewealth LLC now owns 22,816 shares of the company’s stock valued at $1,062,000 after purchasing an additional 288 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of DoubleLine Opportunistic Bond ETF by 3.8% during the third quarter. Axxcess Wealth Management LLC now owns 12,201 shares of the company’s stock valued at $568,000 after buying an additional 445 shares during the last quarter. Principia Wealth Advisory LLC grew its holdings in DoubleLine Opportunistic Bond ETF by 5.2% during the fourth quarter. Principia Wealth Advisory LLC now owns 10,926 shares of the company’s stock worth $507,000 after buying an additional 542 shares in the last quarter. Stonehearth Capital Management LLC grew its holdings in DoubleLine Opportunistic Bond ETF by 9.6% during the fourth quarter. Stonehearth Capital Management LLC now owns 8,042 shares of the company’s stock worth $373,000 after buying an additional 702 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in DoubleLine Opportunistic Bond ETF by 6.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 11,115 shares of the company’s stock valued at $517,000 after buying an additional 712 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of NYSEARCA:DBND opened at $45.16 on Tuesday. The stock’s fifty day simple moving average is $45.67 and its two-hundred day simple moving average is $46.14. DoubleLine Opportunistic Bond ETF has a 1-year low of $45.03 and a 1-year high of $47.05.

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.