Goldman Sachs Group Inc. Lowers Position in DoubleLine Multi-Sector Income ETF $DMX

Goldman Sachs Group Inc. lessened its stake in DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) by 32.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,368 shares of the company’s stock after selling 32,632 shares during the quarter. Goldman Sachs Group Inc. owned approximately 7.66% of DoubleLine Multi-Sector Income ETF worth $3,355,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE purchased a new position in shares of DoubleLine Multi-Sector Income ETF in the fourth quarter worth $5,002,000. Foundations Investment Advisors LLC purchased a new stake in DoubleLine Multi-Sector Income ETF during the first quarter valued at $1,966,000. Seascape Capital Management purchased a new stake in DoubleLine Multi-Sector Income ETF during the first quarter valued at $1,247,000. Finally, Jane Street Group LLC purchased a new stake in DoubleLine Multi-Sector Income ETF during the first quarter valued at $360,000.

DoubleLine Multi-Sector Income ETF Stock Up 0.0%

DoubleLine Multi-Sector Income ETF stock opened at $50.65 on Friday. The firm’s fifty day moving average is $50.44 and its 200 day moving average is $49.99. DoubleLine Multi-Sector Income ETF has a 52-week low of $48.45 and a 52-week high of $50.87.

DoubleLine Multi-Sector Income ETF Company Profile

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities.