DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX – Get Free Report) traded down 0.4% on Wednesday. The company traded as low as $49.34 and last traded at $49.42. Approximately 5,326 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 11,664 shares. The stock had previously closed at $49.62.
DoubleLine Multi-Sector Income ETF Stock Performance
The company’s 50-day moving average price is $49.91 and its two-hundred day moving average price is $50.06.
Institutional Trading of DoubleLine Multi-Sector Income ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legacy Wealth Managment LLC ID bought a new stake in DoubleLine Multi-Sector Income ETF during the second quarter worth approximately $258,000. Walser Wealth Management Company A Ltd Liability Co bought a new position in shares of DoubleLine Multi-Sector Income ETF in the first quarter valued at $282,000. Seascape Capital Management lifted its position in shares of DoubleLine Multi-Sector Income ETF by 5.0% during the 1st quarter. Seascape Capital Management now owns 154,634 shares of the company’s stock valued at $7,744,000 after acquiring an additional 7,310 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of DoubleLine Multi-Sector Income ETF during the 1st quarter valued at $38,000. Finally, Foundations Investment Advisors LLC lifted its position in shares of DoubleLine Multi-Sector Income ETF by 52.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 249,936 shares of the company’s stock valued at $12,627,000 after acquiring an additional 86,308 shares during the last quarter.
DoubleLine Multi-Sector Income ETF Company Profile
The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.
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