Foundations Investment Advisors LLC Buys 19,261 Shares of DoubleLine Commodity Strategy ETF $DCMT

Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 618,117 shares of the company’s stock after purchasing an additional 19,261 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.74% of DoubleLine Commodity Strategy ETF worth $16,705,000 as of its most recent SEC filing.

Separately, Global Wealth Management Investment Advisory Inc. raised its holdings in DoubleLine Commodity Strategy ETF by 7.4% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 53,471 shares of the company’s stock worth $1,445,000 after purchasing an additional 3,685 shares in the last quarter.

DoubleLine Commodity Strategy ETF Stock Performance

NYSEARCA:DCMT opened at $28.40 on Thursday. DoubleLine Commodity Strategy ETF has a fifty-two week low of $23.79 and a fifty-two week high of $28.73. The company’s 50-day simple moving average is $26.95 and its 200-day simple moving average is $26.84.

About DoubleLine Commodity Strategy ETF

The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle. DCMT was launched on Jan 31, 2024 and is issued by DoubleLine.