Intrepid Financial Planning Group LLC Acquires New Position in DoubleLine Multi-Sector Income ETF $DMX

Intrepid Financial Planning Group LLC bought a new position in shares of DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 7,970 shares of the company’s stock, valued at approximately $402,000.

Other large investors have also recently modified their holdings of the company. Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Multi-Sector Income ETF by 241.1% in the 2nd quarter. Foundations Investment Advisors LLC now owns 134,630 shares of the company’s stock valued at $6,791,000 after purchasing an additional 95,158 shares during the last quarter. Hippocratic Financial Advisors LLC acquired a new stake in DoubleLine Multi-Sector Income ETF in the second quarter valued at about $21,835,000. Seascape Capital Management boosted its stake in DoubleLine Multi-Sector Income ETF by 252.3% in the second quarter. Seascape Capital Management now owns 88,233 shares of the company’s stock valued at $4,450,000 after buying an additional 63,187 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in DoubleLine Multi-Sector Income ETF in the first quarter valued at about $360,000.

DoubleLine Multi-Sector Income ETF Price Performance

Shares of NYSEARCA DMX opened at $50.33 on Wednesday. DoubleLine Multi-Sector Income ETF has a 12 month low of $48.45 and a 12 month high of $50.87. The stock has a 50-day moving average price of $50.52 and a two-hundred day moving average price of $50.29.

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.