Csenge Advisory Group Makes New $1.23 Million Investment in DoubleLine Commercial Real Estate ETF $DCRE

Csenge Advisory Group bought a new position in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 23,699 shares of the company’s stock, valued at approximately $1,234,000. Csenge Advisory Group owned about 0.39% of DoubleLine Commercial Real Estate ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Franklin Resources Inc. lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 146.8% in the 2nd quarter. Franklin Resources Inc. now owns 50,239 shares of the company’s stock worth $2,614,000 after buying an additional 29,881 shares during the period. CW Advisors LLC grew its holdings in DoubleLine Commercial Real Estate ETF by 60.7% in the second quarter. CW Advisors LLC now owns 73,312 shares of the company’s stock worth $3,815,000 after purchasing an additional 27,699 shares during the last quarter. Gradient Investments LLC raised its stake in DoubleLine Commercial Real Estate ETF by 5.2% in the third quarter. Gradient Investments LLC now owns 308,721 shares of the company’s stock valued at $16,078,000 after buying an additional 15,223 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in DoubleLine Commercial Real Estate ETF in the 2nd quarter worth approximately $6,705,000. Finally, Seascape Capital Management grew its holdings in shares of DoubleLine Commercial Real Estate ETF by 2.6% during the second quarter. Seascape Capital Management now owns 151,292 shares of the company’s stock valued at $7,872,000 after buying an additional 3,869 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Stock Performance

Shares of NYSEARCA:DCRE opened at $52.06 on Monday. DoubleLine Commercial Real Estate ETF has a 52-week low of $51.41 and a 52-week high of $53.11. The business has a 50-day moving average price of $52.03 and a 200-day moving average price of $52.00.

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. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.