Gradient Investments LLC Raises Stock Position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Gradient Investments LLC grew its holdings in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 439,519 shares of the company’s stock after purchasing an additional 73,391 shares during the quarter. Gradient Investments LLC owned 17.04% of DoubleLine Commercial Real Estate ETF worth $22,618,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DCRE. Sanctuary Advisors LLC boosted its position in DoubleLine Commercial Real Estate ETF by 20.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 378,829 shares of the company’s stock valued at $19,486,000 after buying an additional 63,325 shares during the period. Kathmere Capital Management LLC raised its stake in shares of DoubleLine Commercial Real Estate ETF by 22.1% in the fourth quarter. Kathmere Capital Management LLC now owns 313,521 shares of the company’s stock valued at $16,134,000 after acquiring an additional 56,723 shares in the last quarter. Diversified LLC purchased a new position in DoubleLine Commercial Real Estate ETF in the third quarter valued at $13,802,000. Seascape Capital Management acquired a new position in DoubleLine Commercial Real Estate ETF during the 3rd quarter worth $7,051,000. Finally, Leavell Investment Management Inc. purchased a new stake in DoubleLine Commercial Real Estate ETF during the 3rd quarter worth about $5,345,000.

DoubleLine Commercial Real Estate ETF Trading Down 0.0 %

Shares of DCRE opened at $51.57 on Friday. The stock has a 50-day simple moving average of $51.48 and a 200-day simple moving average of $51.57. DoubleLine Commercial Real Estate ETF has a 1 year low of $50.82 and a 1 year high of $52.19.

About DoubleLine Commercial Real Estate ETF

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.