Envestnet Asset Management Inc. Sells 2,974 Shares of DoubleLine Commercial Real Estate ETF $DCRE

Envestnet Asset Management Inc. trimmed its holdings in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 5.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 55,896 shares of the company’s stock after selling 2,974 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.91% of DoubleLine Commercial Real Estate ETF worth $2,908,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DCRE. Optima Capital LLC lifted its position in shares of DoubleLine Commercial Real Estate ETF by 87.7% during the first quarter. Optima Capital LLC now owns 29,544 shares of the company’s stock worth $1,532,000 after purchasing an additional 13,806 shares during the last quarter. Seascape Capital Management grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 2.6% in the second quarter. Seascape Capital Management now owns 151,292 shares of the company’s stock worth $7,872,000 after purchasing an additional 3,869 shares during the last quarter. SCS Capital Management LLC purchased a new position in DoubleLine Commercial Real Estate ETF in the 1st quarter worth about $270,000. Virtu Financial LLC bought a new stake in DoubleLine Commercial Real Estate ETF during the 1st quarter valued at about $7,179,000. Finally, Foundations Investment Advisors LLC lifted its holdings in DoubleLine Commercial Real Estate ETF by 31.2% during the 1st quarter. Foundations Investment Advisors LLC now owns 139,224 shares of the company’s stock valued at $7,222,000 after buying an additional 33,093 shares in the last quarter.

DoubleLine Commercial Real Estate ETF Stock Performance

Shares of DCRE stock opened at $52.08 on Friday. The company’s 50-day simple moving average is $52.06 and its two-hundred day simple moving average is $51.92. DoubleLine Commercial Real Estate ETF has a one year low of $51.10 and a one year high of $53.11.

DoubleLine Commercial Real Estate ETF Company Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation.