DoubleLine Commercial Real Estate ETF $DCRE Stake Lessened by SBE LLC DBA Cedar Cove Wealth Partners

SBE LLC DBA Cedar Cove Wealth Partners cut its stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 20.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,666 shares of the company’s stock after selling 19,724 shares during the period. DoubleLine Commercial Real Estate ETF makes up approximately 1.9% of SBE LLC DBA Cedar Cove Wealth Partners’ investment portfolio, making the stock its 14th biggest position. SBE LLC DBA Cedar Cove Wealth Partners owned approximately 0.90% of DoubleLine Commercial Real Estate ETF worth $4,014,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC lifted its position in DoubleLine Commercial Real Estate ETF by 5.1% in the first quarter. Sanctuary Advisors LLC now owns 700,290 shares of the company’s stock worth $36,387,000 after purchasing an additional 33,687 shares during the period. Gradient Investments LLC increased its position in shares of DoubleLine Commercial Real Estate ETF by 14.3% during the 2nd quarter. Gradient Investments LLC now owns 392,043 shares of the company’s stock valued at $20,310,000 after purchasing an additional 49,125 shares during the period. Tortoise Investment Management LLC raised its stake in shares of 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 worth $14,194,000 after buying an additional 2,199 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co raised its stake in shares of DoubleLine Commercial Real Estate ETF by 4.4% in the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 182,196 shares of the company’s stock worth $9,467,000 after buying an additional 7,673 shares in the last quarter. Finally, Seascape Capital Management raised its stake in shares of DoubleLine Commercial Real Estate ETF by 1.5% in the 1st quarter. Seascape Capital Management now owns 159,260 shares of the company’s stock worth $8,275,000 after buying an additional 2,319 shares in the last quarter.

DoubleLine Commercial Real Estate ETF Trading Up 0.2%

Shares of DoubleLine Commercial Real Estate ETF stock traded up $0.08 during trading on Thursday, hitting $50.85. The stock had a trading volume of 22,360 shares, compared to its average volume of 45,638. The business has a fifty day moving average of $51.25 and a two-hundred day moving average of $51.57. DoubleLine Commercial Real Estate ETF has a fifty-two week low of $50.63 and a fifty-two week high of $52.56.

DoubleLine Commercial Real Estate ETF Company 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.