Elyxium Wealth LLC Sells 18,850 Shares of DoubleLine Opportunistic Bond ETF $DBND

Elyxium Wealth LLC trimmed its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 15.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 106,689 shares of the company’s stock after selling 18,850 shares during the quarter. DoubleLine Opportunistic Bond ETF makes up about 1.7% of Elyxium Wealth LLC’s portfolio, making the stock its 12th biggest position. Elyxium Wealth LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $4,964,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Beacon Capital Management Inc. purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the second quarter valued at $165,000. Triad Wealth Partners LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF during the third quarter valued at approximately $215,000. Clear Creek Financial Management LLC bought a new position in DoubleLine Opportunistic Bond ETF in the second quarter worth approximately $239,000. NWF Advisory Services Inc. purchased a new stake in DoubleLine Opportunistic Bond ETF during the second quarter worth $258,000. Finally, Stewardship Advisors LLC increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 22.3% in the 3rd quarter. Stewardship Advisors LLC now owns 6,660 shares of the company’s stock valued at $310,000 after acquiring an additional 1,214 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of NYSEARCA DBND opened at $46.45 on Friday. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.92 and a 1-year high of $47.05. The business has a fifty day moving average price of $46.41 and a 200 day moving average price of $46.41.

DoubleLine Opportunistic Bond ETF Cuts Dividend

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

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.