January Capital Advisors LLC Takes Position in DoubleLine Opportunistic Bond ETF $DBND

January Capital Advisors LLC purchased a new position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 152,716 shares of the company’s stock, valued at approximately $6,996,000. DoubleLine Opportunistic Bond ETF accounts for 9.4% of January Capital Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. January Capital Advisors LLC owned approximately 0.97% of DoubleLine Opportunistic Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Boothe Investment Group Inc. raised its holdings in DoubleLine Opportunistic Bond ETF by 5.3% during the first quarter. Boothe Investment Group Inc. now owns 679,687 shares of the company’s stock valued at $31,136,000 after acquiring an additional 34,208 shares during the period. Western Wealth Management LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF in the first quarter worth about $101,000. NewEdge Advisors LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the first quarter worth about $9,373,000. Bank of America Corp DE grew its position in shares of DoubleLine Opportunistic Bond ETF by 224.9% during the first quarter. Bank of America Corp DE now owns 14,056 shares of the company’s stock worth $644,000 after purchasing an additional 9,730 shares in the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co raised its stake in DoubleLine Opportunistic Bond ETF by 7.0% during the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 581,228 shares of the company’s stock valued at $26,626,000 after purchasing an additional 37,890 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Up 0.0%

Shares of DBND opened at $45.05 on Friday. DoubleLine Opportunistic Bond ETF has a 1 year low of $44.85 and a 1 year high of $47.05. The company has a 50 day simple moving average of $45.33 and a two-hundred day simple moving average of $45.84.

DoubleLine Opportunistic Bond ETF 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. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.