Foundations Investment Advisors LLC Has $12.49 Million Stock Holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Foundations Investment Advisors LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 871.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 263,745 shares of the company’s stock after purchasing an additional 236,606 shares during the period. Foundations Investment Advisors LLC owned 4.43% of DoubleLine Opportunistic Bond ETF worth $12,491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hollencrest Capital Management acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the second quarter worth $62,000. Firethorn Wealth Partners LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the first quarter worth $247,000. Panoramic Investment Advisors LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 57.9% in the first quarter. Panoramic Investment Advisors LLC now owns 14,050 shares of the company’s stock worth $645,000 after acquiring an additional 5,150 shares during the last quarter. Beaumont Financial Advisors LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 5.8% in the first quarter. Beaumont Financial Advisors LLC now owns 18,996 shares of the company’s stock worth $872,000 after acquiring an additional 1,035 shares during the last quarter. Finally, AQR Capital Management LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 34.2% in the second quarter. AQR Capital Management LLC now owns 25,359 shares of the company’s stock worth $1,151,000 after acquiring an additional 6,460 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DoubleLine Opportunistic Bond ETF stock opened at $46.22 on Tuesday. The company’s fifty day simple moving average is $47.00 and its 200-day simple moving average is $45.95. DoubleLine Opportunistic Bond ETF has a 1 year low of $42.85 and a 1 year 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.