Global Wealth Management Investment Advisory Inc. purchased a new stake in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 43,403 shares of the company’s stock, valued at approximately $1,107,000.
Separately, Foundations Investment Advisors LLC increased its stake in DoubleLine Commodity Strategy ETF by 15.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 614,742 shares of the company’s stock valued at $15,682,000 after acquiring an additional 80,244 shares during the period.
DoubleLine Commodity Strategy ETF Stock Up 0.3 %
NYSEARCA DCMT opened at $26.73 on Monday. DoubleLine Commodity Strategy ETF has a 1-year low of $23.63 and a 1-year high of $27.08. The stock’s 50 day moving average is $26.01 and its two-hundred day moving average is $25.42.
About DoubleLine Commodity Strategy ETF
The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle.
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Want to see what other hedge funds are holding DCMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Free Report).
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