DoubleLine Commercial Real Estate ETF $DCRE Shares Bought by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co grew its stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 7.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,392 shares of the company’s stock after purchasing an additional 12,205 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co owned approximately 2.74% of DoubleLine Commercial Real Estate ETF worth $8,718,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Tortoise Investment Management LLC lifted its stake in DoubleLine Commercial Real Estate ETF by 1,912.7% in the 2nd quarter. Tortoise Investment Management LLC now owns 208,916 shares of the company’s stock valued at $10,870,000 after buying an additional 198,536 shares in the last quarter. Foundations Investment Advisors LLC increased its stake in DoubleLine Commercial Real Estate ETF by 138.3% during the 2nd quarter. Foundations Investment Advisors LLC now owns 331,830 shares of the company’s stock worth $17,266,000 after buying an additional 192,606 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of DoubleLine Commercial Real Estate ETF during the second quarter valued at approximately $6,705,000. Hutchinson Capital Management CA lifted its position in shares of DoubleLine Commercial Real Estate ETF by 1,363.4% in the second quarter. Hutchinson Capital Management CA now owns 57,862 shares of the company’s stock valued at $3,011,000 after acquiring an additional 53,908 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of DoubleLine Commercial Real Estate ETF by 146.8% in the second quarter. Franklin Resources Inc. now owns 50,239 shares of the company’s stock valued at $2,614,000 after acquiring an additional 29,881 shares in the last quarter.

DoubleLine Commercial Real Estate ETF Stock Up 0.2%

Shares of NYSEARCA:DCRE opened at $52.22 on Tuesday. DoubleLine Commercial Real Estate ETF has a 1 year low of $51.43 and a 1 year high of $53.11. The business’s 50 day moving average price is $52.03 and its 200-day moving average price is $52.04.

DoubleLine Commercial Real Estate ETF Increases Dividend

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

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.