Boothe Investment Group Inc. increased its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 5.3% during the 1st quarter, HoldingsChannel reports. The fund owned 679,687 shares of the company’s stock after purchasing an additional 34,208 shares during the quarter. DoubleLine Opportunistic Bond ETF accounts for about 10.0% of Boothe Investment Group Inc.’s investment portfolio, making the stock its 2nd largest holding. Boothe Investment Group Inc.’s holdings in DoubleLine Opportunistic Bond ETF were worth $31,136,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new stake in DoubleLine Opportunistic Bond ETF during the 4th quarter worth about $74,000. Western Wealth Management LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the 1st quarter worth approximately $101,000. Clayton Financial Group LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the 4th quarter worth approximately $125,000. Bank of America Corp DE acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the 3rd quarter worth approximately $125,000. Finally, Farther Finance Advisors LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 5,775.0% during the fourth quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock worth $131,000 after buying an additional 2,772 shares during the last quarter.
DoubleLine Opportunistic Bond ETF Price Performance
DBND opened at $45.05 on Friday. The firm has a 50 day simple moving average of $45.33 and a 200 day simple moving average of $45.84. DoubleLine Opportunistic Bond ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.05.
About DoubleLine Opportunistic Bond ETF
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.
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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:DBND – Free Report).
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