Bristlecone Advisors LLC Buys 21,993 Shares of DoubleLine Opportunistic Bond ETF $DBND

Bristlecone Advisors LLC lifted its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 41.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,663 shares of the company’s stock after buying an additional 21,993 shares during the period. Bristlecone Advisors LLC owned about 0.62% of DoubleLine Opportunistic Bond ETF worth $3,474,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Raymond James Financial Inc. raised its position in DoubleLine Opportunistic Bond ETF by 290.0% in the 2nd quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock valued at $18,260,000 after buying an additional 293,626 shares during the last quarter. CWM LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 23.7% in the 3rd quarter. CWM LLC now owns 1,368,828 shares of the company’s stock worth $63,692,000 after acquiring an additional 262,597 shares in the last quarter. Visionary Wealth Advisors purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the second quarter valued at about $8,219,000. Foundations Investment Advisors LLC raised its holdings in shares of DoubleLine Opportunistic Bond ETF by 81.1% in the second quarter. Foundations Investment Advisors LLC now owns 393,834 shares of the company’s stock valued at $18,211,000 after purchasing an additional 176,370 shares during the last quarter. Finally, Hippocratic Financial Advisors LLC bought a new position in shares of DoubleLine Opportunistic Bond ETF during the second quarter valued at about $6,541,000.

DoubleLine Opportunistic Bond ETF Stock Up 0.2%

Shares of DBND stock opened at $46.46 on Friday. DoubleLine Opportunistic Bond ETF has a 52-week low of $44.83 and a 52-week high of $47.05. The company has a 50-day simple moving average of $46.44 and a two-hundred day simple moving average of $46.34.

About DoubleLine Opportunistic Bond ETF

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.