Corient Private Wealth LLC Purchases New Position in DoubleLine Opportunistic Bond ETF $DBND

Corient Private Wealth LLC acquired a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the 4th quarter, Holdings Channel reports. The fund acquired 86,114 shares of the company’s stock, valued at approximately $3,993,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $74,000. Clayton Financial Group LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $125,000. Bank of America Corp DE acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the 3rd quarter valued at about $125,000. Farther Finance Advisors LLC grew its stake in DoubleLine Opportunistic Bond ETF by 5,775.0% during the 4th 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. Finally, Sanctuary Advisors LLC purchased a new position in DoubleLine Opportunistic Bond ETF during the 4th quarter worth approximately $288,000.

DoubleLine Opportunistic Bond ETF Stock Up 0.1%

DBND opened at $45.71 on Friday. DoubleLine Opportunistic Bond ETF has a 52 week low of $45.03 and a 52 week high of $47.05. The business’s 50 day moving average is $45.58 and its two-hundred day moving average is $46.04.

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.