NewEdge Advisors LLC Makes New Investment in DoubleLine Opportunistic Bond ETF $DBND

NewEdge Advisors LLC bought a new stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 684,259 shares of the company’s stock, valued at approximately $31,346,000. NewEdge Advisors LLC owned approximately 4.36% of DoubleLine Opportunistic Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. CWM LLC raised its stake in DoubleLine Opportunistic Bond ETF by 18.5% during the 4th quarter. CWM LLC now owns 1,622,210 shares of the company’s stock valued at $75,213,000 after purchasing an additional 253,382 shares during the period. Aprio Wealth Management LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 26.0% in the 4th quarter. Aprio Wealth Management LLC now owns 221,618 shares of the company’s stock worth $10,275,000 after purchasing an additional 45,728 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in DoubleLine Opportunistic Bond ETF by 5.7% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 543,338 shares of the company’s stock worth $25,192,000 after purchasing an additional 29,359 shares during the period. Benchmark Financial Wealth Advisors LLC boosted its stake in DoubleLine Opportunistic Bond ETF by 18.7% in the 4th quarter. Benchmark Financial Wealth Advisors LLC now owns 492,384 shares of the company’s stock worth $22,829,000 after purchasing an additional 77,567 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in DoubleLine Opportunistic Bond ETF during the 1st quarter valued at approximately $509,000.

DoubleLine Opportunistic Bond ETF Trading Up 0.2%

DoubleLine Opportunistic Bond ETF stock opened at $45.01 on Friday. DoubleLine Opportunistic Bond ETF has a 1 year low of $44.74 and a 1 year high of $47.05. The firm’s 50 day moving average price is $45.27 and its 200-day moving average price is $45.78.

About DoubleLine Opportunistic Bond ETF

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.