Focus Partners Wealth acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 3,380,343 shares of the company’s stock, valued at approximately $172,637,000. Focus Partners Wealth owned about 2.28% of DoubleLine Asset-Backed Securities ETF as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC bought a new position in shares of DoubleLine Asset-Backed Securities ETF in the 1st quarter worth approximately $3,191,000. Foundations Investment Advisors LLC purchased a new position in shares of DoubleLine Asset-Backed Securities ETF in the 2nd quarter valued at approximately $2,194,000. Gradient Investments LLC boosted its position in shares of DoubleLine Asset-Backed Securities ETF by 5.7% during the third quarter. Gradient Investments LLC now owns 1,010,950 shares of the company’s stock valued at $51,630,000 after purchasing an additional 54,162 shares in the last quarter. Paladin Wealth LLC boosted its position in shares of DoubleLine Asset-Backed Securities ETF by 7.0% during the third quarter. Paladin Wealth LLC now owns 36,570 shares of the company’s stock valued at $1,868,000 after purchasing an additional 2,393 shares in the last quarter. Finally, Mattson Financial Services LLC grew its stake in DoubleLine Asset-Backed Securities ETF by 3.5% in the third quarter. Mattson Financial Services LLC now owns 74,454 shares of the company’s stock worth $3,802,000 after purchasing an additional 2,487 shares during the period.
DoubleLine Asset-Backed Securities ETF Stock Performance
DABS opened at $50.89 on Monday. The stock has a fifty day simple moving average of $51.04 and a two-hundred day simple moving average of $51.01. DoubleLine Asset-Backed Securities ETF has a 12-month low of $49.49 and a 12-month high of $54.15.
About DoubleLine Asset-Backed Securities ETF
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.
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Want to see what other hedge funds are holding DABS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS – Free Report).
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