Thrivent Financial for Lutherans Buys 43,161 Shares of DoubleLine Commercial Real Estate ETF $DCRE

Thrivent Financial for Lutherans lifted its stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 33.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 172,026 shares of the company’s stock after acquiring an additional 43,161 shares during the period. Thrivent Financial for Lutherans’ holdings in DoubleLine Commercial Real Estate ETF were worth $8,959,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its holdings in DoubleLine Commercial Real Estate ETF by 85.3% during the first quarter. Jane Street Group LLC now owns 21,345 shares of the company’s stock valued at $1,107,000 after purchasing an additional 9,824 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of DoubleLine Commercial Real Estate ETF by 29.6% during the 2nd quarter. RFG Advisory LLC now owns 52,569 shares of the company’s stock worth $2,735,000 after buying an additional 12,011 shares during the period. Leavell Investment Management Inc. grew its stake in DoubleLine Commercial Real Estate ETF by 3.5% in the 2nd quarter. Leavell Investment Management Inc. now owns 121,407 shares of the company’s stock valued at $6,317,000 after buying an additional 4,160 shares during the last quarter. Hutchinson Capital Management CA raised its holdings in DoubleLine Commercial Real Estate ETF by 1,363.4% in the 2nd quarter. Hutchinson Capital Management CA now owns 57,862 shares of the company’s stock worth $3,011,000 after acquiring an additional 53,908 shares during the period. Finally, W.G. Shaheen & Associates DBA Whitney & Co lifted its position in DoubleLine Commercial Real Estate ETF by 3.8% during the 2nd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 155,187 shares of the company’s stock worth $8,075,000 after acquiring an additional 5,687 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Trading Up 0.2%

DoubleLine Commercial Real Estate ETF stock opened at $52.06 on Friday. DoubleLine Commercial Real Estate ETF has a 52 week low of $51.43 and a 52 week high of $53.11. The business’s 50-day simple moving average is $52.01 and its 200-day simple moving average is $52.03.

DoubleLine Commercial Real Estate ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.2104 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from DoubleLine Commercial Real Estate ETF’s previous monthly dividend of $0.20. The ex-dividend date is Monday, February 2nd.

DoubleLine Commercial Real Estate ETF Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.