Shrier Wealth Management LLC Takes Position in DoubleLine Opportunistic Bond ETF $DBND

Shrier Wealth Management LLC purchased a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 12,441 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Entrewealth LLC grew its holdings in DoubleLine Opportunistic Bond ETF by 1.3% during the third quarter. Entrewealth LLC now owns 22,816 shares of the company’s stock valued at $1,062,000 after purchasing an additional 288 shares during the period. Cornerstone Wealth Group LLC raised its holdings in DoubleLine Opportunistic Bond ETF by 0.9% in the third quarter. Cornerstone Wealth Group LLC now owns 46,263 shares of the company’s stock worth $2,153,000 after purchasing an additional 391 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of DoubleLine Opportunistic Bond ETF by 3.8% during the third quarter. Axxcess Wealth Management LLC now owns 12,201 shares of the company’s stock worth $568,000 after purchasing an additional 445 shares in the last quarter. Stonehearth Capital Management LLC boosted its position in shares of DoubleLine Opportunistic Bond ETF by 9.6% during the fourth quarter. Stonehearth Capital Management LLC now owns 8,042 shares of the company’s stock worth $373,000 after purchasing an additional 702 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of DoubleLine Opportunistic Bond ETF by 6.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 11,115 shares of the company’s stock valued at $517,000 after buying an additional 712 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

DBND opened at $45.81 on Wednesday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.92 and a 12 month high of $47.05. The company has a fifty day simple moving average of $46.33 and a 200 day simple moving average of $46.45.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a $0.1662 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, March 2nd.

DoubleLine Opportunistic Bond ETF Company 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.