Raymond James & Associates Decreases Stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Raymond James & Associates reduced its holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,505 shares of the company’s stock after selling 446 shares during the period. Raymond James & Associates’ holdings in DoubleLine Opportunistic Bond ETF were worth $625,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Stonehearth Capital Management LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 8.3% in the fourth quarter. Stonehearth Capital Management LLC now owns 5,642 shares of the company’s stock worth $261,000 after buying an additional 434 shares in the last quarter. Beaumont Financial Advisors LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 4.6% in the third quarter. Beaumont Financial Advisors LLC now owns 17,727 shares of the company’s stock worth $782,000 after buying an additional 780 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 7.6% in the third quarter. Axxcess Wealth Management LLC now owns 11,139 shares of the company’s stock worth $491,000 after buying an additional 791 shares in the last quarter. Cravens & Co Advisors LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF by 0.5% in the third quarter. Cravens & Co Advisors LLC now owns 176,137 shares of the company’s stock worth $7,771,000 after buying an additional 826 shares in the last quarter. Finally, NBC Securities Inc. purchased a new position in DoubleLine Opportunistic Bond ETF during the third quarter worth about $53,000.

DoubleLine Opportunistic Bond ETF Stock Down 0.2 %

Shares of DBND stock opened at $44.68 on Thursday. The firm’s 50-day moving average is $45.41 and its two-hundred day moving average is $45.17. DoubleLine Opportunistic Bond ETF has a 12 month low of $42.85 and a 12 month high of $46.97.

DoubleLine Opportunistic Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1888 per share. The ex-dividend date was Monday, April 1st. This is an increase from DoubleLine Opportunistic Bond ETF’s previous dividend of $0.18.

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.