DoubleLine Opportunistic Bond ETF $DBND Shares Acquired by Beckerman Institutional LLC

Beckerman Institutional LLC increased its position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 6.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,856 shares of the company’s stock after purchasing an additional 12,934 shares during the period. DoubleLine Opportunistic Bond ETF accounts for approximately 5.5% of Beckerman Institutional LLC’s portfolio, making the stock its 2nd largest position. Beckerman Institutional LLC owned 1.66% of DoubleLine Opportunistic Bond ETF worth $9,392,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in DoubleLine Opportunistic Bond ETF by 101.3% in the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock valued at $2,058,000 after purchasing an additional 22,437 shares during the last quarter. Jane Street Group LLC increased its stake in DoubleLine Opportunistic Bond ETF by 28.0% in the first quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock valued at $2,311,000 after purchasing an additional 10,959 shares during the period. Clear Creek Financial Management LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the second quarter valued at about $239,000. SilverOak Wealth Management LLC raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 1.8% in the second quarter. SilverOak Wealth Management LLC now owns 26,924 shares of the company’s stock valued at $1,245,000 after buying an additional 472 shares during the last quarter. Finally, Stratos Wealth Advisors LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 108.0% during the second quarter. Stratos Wealth Advisors LLC now owns 109,569 shares of the company’s stock worth $5,066,000 after buying an additional 56,883 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

DoubleLine Opportunistic Bond ETF stock opened at $46.45 on Monday. The stock has a 50-day moving average price of $46.41 and a 200 day moving average price of $46.42. DoubleLine Opportunistic Bond ETF has a 52 week low of $44.92 and a 52 week high of $47.05.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a $0.1671 dividend. 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 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.