DoubleLine Opportunistic Bond ETF $DBND Shares Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. increased its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 824.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 101,265 shares of the company’s stock after purchasing an additional 90,309 shares during the period. Raymond James Financial Inc.’s holdings in DoubleLine Opportunistic Bond ETF were worth $4,675,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DBND. Benchmark Financial Wealth Advisors LLC acquired a new position in DoubleLine Opportunistic Bond ETF during the 1st quarter worth approximately $15,714,000. Boothe Investment Group Inc. lifted its position in DoubleLine Opportunistic Bond ETF by 40.6% during 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. lifted its position in DoubleLine Opportunistic Bond ETF by 56.3% during 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. Citadel Advisors LLC purchased a new stake in DoubleLine Opportunistic Bond ETF during the 4th quarter worth approximately $3,425,000. Finally, Seascape Capital Management raised its position in shares of DoubleLine Opportunistic Bond ETF by 12.8% in the 1st quarter. Seascape Capital Management now owns 541,805 shares of the company’s stock valued at $25,015,000 after purchasing an additional 61,570 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Stock Up 0.4%

Shares of DBND opened at $46.52 on Friday. The business’s 50 day moving average is $46.00 and its two-hundred day moving average is $45.83. DoubleLine Opportunistic Bond ETF has a 52-week low of $44.83 and a 52-week high of $47.60.

DoubleLine Opportunistic Bond ETF Company Profile

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.