DoubleLine Asset-Backed Securities ETF $DABS Shares Sold by Walser Wealth Management Company A Ltd Liability Co

Walser Wealth Management Company A Ltd Liability Co decreased its holdings in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) by 60.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,408 shares of the company’s stock after selling 12,782 shares during the period. Walser Wealth Management Company A Ltd Liability Co’s holdings in DoubleLine Asset-Backed Securities ETF were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. lifted its holdings in shares of DoubleLine Asset-Backed Securities ETF by 19.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,305,030 shares of the company’s stock valued at $66,136,000 after buying an additional 213,447 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF in the second quarter valued at approximately $80,000. Corient Private Wealth LP purchased a new stake in shares of DoubleLine Asset-Backed Securities ETF in the second quarter valued at approximately $596,000. Paladin Wealth LLC boosted its stake in shares of DoubleLine Asset-Backed Securities ETF by 6.0% in the second quarter. Paladin Wealth LLC now owns 45,274 shares of the company’s stock valued at $2,294,000 after buying an additional 2,569 shares in the last quarter. Finally, Breakwater Capital Group grew its holdings in DoubleLine Asset-Backed Securities ETF by 61.0% during the second quarter. Breakwater Capital Group now owns 10,475 shares of the company’s stock worth $531,000 after acquiring an additional 3,969 shares during the period.

DoubleLine Asset-Backed Securities ETF Stock Up 0.2%

Shares of DABS stock opened at $49.71 on Friday. The business’s fifty day moving average price is $50.03 and its 200 day moving average price is $50.35. DoubleLine Asset-Backed Securities ETF has a 1-year low of $49.52 and a 1-year high of $51.52.

DoubleLine Asset-Backed Securities ETF Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.