DoubleLine Opportunistic Bond ETF $DBND is Optima Capital LLC’s 2nd Largest Position

Optima Capital LLC increased its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 28.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 137,895 shares of the company’s stock after acquiring an additional 30,943 shares during the quarter. DoubleLine Opportunistic Bond ETF makes up about 4.1% of Optima Capital LLC’s portfolio, making the stock its 2nd biggest holding. Optima Capital LLC owned 1.34% of DoubleLine Opportunistic Bond ETF worth $6,367,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DBND. Benchmark Financial Wealth Advisors LLC purchased a new stake in DoubleLine Opportunistic Bond ETF in the 1st quarter worth $15,714,000. Boothe Investment Group Inc. increased its holdings in DoubleLine Opportunistic Bond ETF by 40.6% in the 1st quarter. Boothe Investment Group Inc. now owns 554,999 shares of the company’s stock worth $25,624,000 after acquiring an additional 160,379 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in DoubleLine Opportunistic Bond ETF by 56.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 334,920 shares of the company’s stock worth $15,463,000 after acquiring an additional 120,641 shares in the last quarter. Raymond James Financial Inc. increased its holdings in DoubleLine Opportunistic Bond ETF by 824.3% in the 1st quarter. Raymond James Financial Inc. now owns 101,265 shares of the company’s stock worth $4,675,000 after acquiring an additional 90,309 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in DoubleLine Opportunistic Bond ETF in the 4th quarter worth $3,425,000.

DoubleLine Opportunistic Bond ETF Price Performance

Shares of NYSEARCA DBND opened at $46.74 on Friday. The firm has a fifty day moving average of $46.06 and a 200 day moving average of $45.86. DoubleLine Opportunistic Bond ETF has a one year low of $44.83 and a one year high of $47.60.

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.