Maridea Wealth Management LLC Invests $269,000 in DoubleLine Opportunistic Bond ETF $DBND

Maridea Wealth Management LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,740 shares of the company’s stock, valued at approximately $269,000. Maridea Wealth Management LLC owned 0.11% of DoubleLine Opportunistic Bond ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in DoubleLine Opportunistic Bond ETF by 101.3% in the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock valued at $2,058,000 after purchasing an additional 22,437 shares during the period. Jane Street Group LLC increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 28.0% during the 1st quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock worth $2,311,000 after purchasing an additional 10,959 shares during the period. Raymond James Financial Inc. increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 290.0% during the 2nd quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock worth $18,260,000 after purchasing an additional 293,626 shares during the period. Ausdal Financial Partners Inc. increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 30.2% during the 2nd 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 period. Finally, MML Investors Services LLC raised its position 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 valued at $6,599,000 after buying an additional 14,323 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Trading Down 0.2%

NYSEARCA DBND opened at $45.00 on Friday. The firm has a 50-day simple moving average of $45.23 and a 200 day simple moving average of $45.73. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.74 and a twelve month high of $47.05.

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.