Journey Advisory Group LLC Acquires New Shares in DoubleLine Opportunistic Bond ETF $DBND

Journey Advisory Group LLC bought a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 58,529 shares of the company’s stock, valued at approximately $2,723,000.

Several other institutional investors have also recently bought and sold shares of DBND. Royal Bank of Canada boosted its stake in shares of 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 in the last quarter. Jane Street Group LLC boosted its position in DoubleLine Opportunistic Bond ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock valued at $2,311,000 after buying an additional 10,959 shares in the last quarter. Boothe Investment Group Inc. grew its stake in shares of DoubleLine Opportunistic Bond ETF by 6.9% during the second quarter. Boothe Investment Group Inc. now owns 593,523 shares of the company’s stock worth $27,445,000 after buying an additional 38,524 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 4.2% during the second quarter. Envestnet Asset Management Inc. now owns 348,913 shares of the company’s stock worth $16,134,000 after buying an additional 13,993 shares in the last quarter. Finally, Bristlecone Advisors LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 20.4% in the 2nd quarter. Bristlecone Advisors LLC now owns 52,670 shares of the company’s stock valued at $2,435,000 after acquiring an additional 8,942 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Price Performance

NYSEARCA DBND opened at $46.75 on Friday. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.92 and a twelve month high of $47.05. The business’s fifty day moving average is $46.47 and its 200 day moving average is $46.47.

DoubleLine Opportunistic Bond ETF Cuts Dividend

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

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.