NewEdge Advisors LLC Buys New Holdings in DoubleLine Opportunistic Bond ETF $DBND

NewEdge Advisors LLC bought a new position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 204,611 shares of the company’s stock, valued at approximately $9,373,000. NewEdge Advisors LLC owned 1.30% of DoubleLine Opportunistic Bond ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of DoubleLine Opportunistic Bond ETF in the 4th quarter valued at $74,000. Clayton Financial Group LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the 4th quarter valued at about $125,000. Bank of America Corp DE bought a new stake in DoubleLine Opportunistic Bond ETF in the third quarter valued at about $125,000. Farther Finance Advisors LLC increased its stake in DoubleLine Opportunistic Bond ETF by 5,775.0% in the fourth quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock valued at $131,000 after acquiring an additional 2,772 shares during the period. Finally, First Financial Group Corp acquired a new position in DoubleLine Opportunistic Bond ETF in the first quarter worth about $216,000.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DBND opened at $45.05 on Friday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.85 and a 12 month high of $47.05. The company has a 50-day moving average price of $45.33 and a two-hundred day moving average price of $45.84.

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.