Foundations Investment Advisors LLC Trims Stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Foundations Investment Advisors LLC reduced its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 28.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 189,587 shares of the company’s stock after selling 74,158 shares during the quarter. Foundations Investment Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $8,586,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DBND. CWM LLC raised its position in DoubleLine Opportunistic Bond ETF by 22.3% during the third quarter. CWM LLC now owns 1,255,964 shares of the company’s stock valued at $59,482,000 after acquiring an additional 229,427 shares in the last quarter. Beckerman Institutional LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at approximately $5,776,000. NewEdge Advisors LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the second quarter valued at approximately $3,437,000. Fortis Advisors LLC increased its position in shares of DoubleLine Opportunistic Bond ETF by 43.0% in the third quarter. Fortis Advisors LLC now owns 165,809 shares of the company’s stock valued at $7,853,000 after buying an additional 49,871 shares in the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its position in shares of DoubleLine Opportunistic Bond ETF by 2.2% in the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 421,108 shares of the company’s stock valued at $19,944,000 after buying an additional 9,170 shares in the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

DoubleLine Opportunistic Bond ETF stock opened at $45.55 on Monday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.44 and a 12 month high of $47.60. The business has a 50 day simple moving average of $45.57 and a 200-day simple moving average of $46.20.

About DoubleLine Opportunistic Bond ETF

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.