Stratos Wealth Advisors LLC Raises Stock Position in DoubleLine Opportunistic Bond ETF $DBND

Stratos Wealth Advisors LLC boosted its holdings in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 31.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 178,955 shares of the company’s stock after purchasing an additional 43,245 shares during the period. Stratos Wealth Advisors LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $8,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Benchmark Financial Wealth Advisors LLC raised its stake in shares of DoubleLine Opportunistic Bond ETF by 12.8% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 414,817 shares of the company’s stock valued at $19,301,000 after buying an additional 47,109 shares during the last quarter. Bristlecone Advisors LLC raised its position in DoubleLine Opportunistic Bond ETF by 41.8% during the third quarter. Bristlecone Advisors LLC now owns 74,663 shares of the company’s stock valued at $3,474,000 after acquiring an additional 21,993 shares in the last quarter. Boothe Investment Group Inc. boosted its position in DoubleLine Opportunistic Bond ETF by 7.3% in the 3rd quarter. Boothe Investment Group Inc. now owns 636,766 shares of the company’s stock worth $29,629,000 after purchasing an additional 43,243 shares in the last quarter. Aprio Wealth Management LLC boosted its position in DoubleLine Opportunistic Bond ETF by 9.4% during the third quarter. Aprio Wealth Management LLC now owns 175,890 shares of the company’s stock worth $8,184,000 after purchasing an additional 15,091 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new stake in DoubleLine Opportunistic Bond ETF during the 2nd quarter worth approximately $6,136,000.

DoubleLine Opportunistic Bond ETF Stock Down 0.0%

Shares of NYSEARCA:DBND opened at $45.72 on Friday. DoubleLine Opportunistic Bond ETF has a 1 year low of $44.92 and a 1 year high of $47.05. The business’s 50 day moving average price is $46.28 and its 200-day moving average price is $46.43.

DoubleLine Opportunistic Bond ETF Cuts Dividend

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

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.