DoubleLine Commercial Real Estate ETF $DCRE Shares Purchased by Independent Family Office LLC

Independent Family Office LLC grew its holdings in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 20.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 69,183 shares of the company’s stock after purchasing an additional 11,560 shares during the period. DoubleLine Commercial Real Estate ETF comprises 1.5% of Independent Family Office LLC’s investment portfolio, making the stock its 14th largest holding. Independent Family Office LLC’s holdings in DoubleLine Commercial Real Estate ETF were worth $3,603,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DCRE. Raymond James Financial Inc. purchased a new position in shares of DoubleLine Commercial Real Estate ETF in the 2nd quarter valued at $40,000. Osaic Holdings Inc. lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 9,905.6% during the 2nd quarter. Osaic Holdings Inc. now owns 3,602 shares of the company’s stock valued at $187,000 after acquiring an additional 3,566 shares in the last quarter. A4 Wealth Advisors LLC purchased a new stake in DoubleLine Commercial Real Estate ETF during the 3rd quarter worth $232,000. Mattson Financial Services LLC boosted its position in DoubleLine Commercial Real Estate ETF by 7.4% during the 3rd quarter. Mattson Financial Services LLC now owns 5,403 shares of the company’s stock worth $281,000 after purchasing an additional 374 shares during the period. Finally, Ausdal Financial Partners Inc. acquired a new stake in DoubleLine Commercial Real Estate ETF in the 2nd quarter valued at $412,000.

DoubleLine Commercial Real Estate ETF Price Performance

NYSEARCA:DCRE opened at $52.02 on Thursday. The business’s 50-day moving average is $52.11 and its two-hundred day moving average is $52.07. DoubleLine Commercial Real Estate ETF has a 12 month low of $51.43 and a 12 month high of $53.11.

DoubleLine Commercial Real Estate ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.1944 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

About DoubleLine Commercial Real Estate ETF

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.