Global Wealth Management Investment Advisory Inc. bought a new position in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 43,403 shares of the company’s stock, valued at approximately $1,107,000. Global Wealth Management Investment Advisory Inc. owned approximately 4.34% of DoubleLine Commodity Strategy ETF as of its most recent SEC filing.
Separately, Foundations Investment Advisors LLC raised its position in DoubleLine Commodity Strategy ETF by 15.0% during the fourth quarter. Foundations Investment Advisors LLC now owns 614,742 shares of the company’s stock valued at $15,682,000 after acquiring an additional 80,244 shares in the last quarter.
DoubleLine Commodity Strategy ETF Price Performance
DCMT stock opened at $26.73 on Monday. The firm has a 50 day moving average of $26.01 and a two-hundred day moving average of $25.42. DoubleLine Commodity Strategy ETF has a 12 month low of $23.63 and a 12 month high of $27.08.
DoubleLine Commodity Strategy ETF Company Profile
The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle.
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