DoubleLine Opportunistic Bond ETF $DBND Shares Purchased by Beckerman Institutional LLC

Beckerman Institutional LLC grew its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBNDFree Report) by 6.8% during the 3rd quarter, Holdings Channel reports. The firm owned 201,856 shares of the company’s stock after purchasing an additional 12,934 shares during the period. DoubleLine Opportunistic Bond ETF comprises 5.5% of Beckerman Institutional LLC’s investment portfolio, making the stock its 2nd largest position. Beckerman Institutional LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $9,392,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Beacon Capital Management Inc. purchased a new stake in DoubleLine Opportunistic Bond ETF during the second quarter valued at about $165,000. Triad Wealth Partners LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the 3rd quarter valued at approximately $215,000. Clear Creek Financial Management LLC acquired a new position in DoubleLine Opportunistic Bond ETF in the 2nd quarter worth approximately $239,000. NWF Advisory Services Inc. acquired a new position in DoubleLine Opportunistic Bond ETF in the 2nd quarter worth approximately $258,000. Finally, Stewardship Advisors LLC grew its position in DoubleLine Opportunistic Bond ETF by 22.3% during the 3rd quarter. Stewardship Advisors LLC now owns 6,660 shares of the company’s stock worth $310,000 after purchasing an additional 1,214 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DBND stock opened at $46.45 on Monday. The stock’s fifty day simple moving average is $46.41 and its 200-day simple moving average is $46.42. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.92 and a 1-year high of $47.05.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were paid a $0.1671 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About DoubleLine Opportunistic Bond ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding DBND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Opportunistic Bond ETF (NYSEARCA:DBNDFree Report).

Institutional Ownership by Quarter for DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

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