Gradient Investments LLC Acquires New Shares in DoubleLine Commercial Real Estate ETF $DCRE

Gradient Investments LLC acquired a new stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 396,952 shares of the company’s stock, valued at approximately $20,252,000.

Several other hedge funds have also added to or reduced their stakes in DCRE. Tortoise Investment Management LLC increased its position in DoubleLine Commercial Real Estate ETF by 0.8% in the 2nd quarter. Tortoise Investment Management LLC now owns 273,990 shares of the company’s stock valued at $14,194,000 after acquiring an additional 2,199 shares during the period. Brown Financial Advisors lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 5.8% during the second quarter. Brown Financial Advisors now owns 11,319 shares of the company’s stock worth $586,000 after purchasing an additional 620 shares during the period. Rareview Capital LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF by 20.2% in the second quarter. Rareview Capital LLC now owns 5,197 shares of the company’s stock worth $270,000 after purchasing an additional 873 shares during the last quarter. Paladin Wealth LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF by 12.3% in the second quarter. Paladin Wealth LLC now owns 14,583 shares of the company’s stock worth $755,000 after purchasing an additional 1,602 shares during the last quarter. Finally, Centaurus Financial Inc. increased its holdings in DoubleLine Commercial Real Estate ETF by 11.0% in the first quarter. Centaurus Financial Inc. now owns 80,310 shares of the company’s stock valued at $4,173,000 after purchasing an additional 7,976 shares during the period.

DoubleLine Commercial Real Estate ETF Stock Up 0.0%

NYSEARCA:DCRE traded up $0.00 during trading hours on Thursday, hitting $50.86. 9,117 shares of the company were exchanged, compared to its average volume of 45,724. DoubleLine Commercial Real Estate ETF has a one year low of $50.63 and a one year high of $52.56. The company has a fifty day simple moving average of $51.33 and a 200 day simple moving average of $51.61.

DoubleLine Commercial Real Estate ETF Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.