Park Avenue Securities LLC Sells 371,458 Shares of DoubleLine Opportunistic Bond ETF $DBND

Park Avenue Securities LLC reduced its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 95.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 16,576 shares of the company’s stock after selling 371,458 shares during the quarter. Park Avenue Securities LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $721,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Boothe Investment Group Inc. increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 15.8% in the third quarter. Boothe Investment Group Inc. now owns 873,431 shares of the company’s stock valued at $37,977,000 after purchasing an additional 118,950 shares in the last quarter. NewEdge Advisors LLC raised its position in DoubleLine Opportunistic Bond ETF by 6.0% in the 2nd quarter. NewEdge Advisors LLC now owns 725,049 shares of the company’s stock worth $33,055,000 after purchasing an additional 40,790 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in DoubleLine Opportunistic Bond ETF by 7.0% during the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 581,228 shares of the company’s stock worth $26,626,000 after buying an additional 37,890 shares in the last quarter. Journey Advisory Group LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 296.5% during the 1st quarter. Journey Advisory Group LLC now owns 496,108 shares of the company’s stock worth $22,727,000 after buying an additional 370,972 shares in the last quarter. Finally, Holcombe Financial Inc. lifted its holdings in DoubleLine Opportunistic Bond ETF by 0.8% during the 3rd quarter. Holcombe Financial Inc. now owns 270,700 shares of the company’s stock worth $11,770,000 after buying an additional 2,163 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Trading Up 0.4%

Shares of DBND opened at $44.12 on Thursday. The business’s fifty day moving average price is $44.01 and its two-hundred day moving average price is $45.29. DoubleLine Opportunistic Bond ETF has a 52 week low of $43.18 and a 52 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.