153,279 Shares in DoubleLine Asset-Backed Securities ETF $DABS Purchased by Asset Advisors Investment Management LLC

Asset Advisors Investment Management LLC purchased a new position in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 153,279 shares of the company’s stock, valued at approximately $7,803,000. Asset Advisors Investment Management LLC owned 8.15% of DoubleLine Asset-Backed Securities ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of DABS. Focus Partners Wealth bought a new position in DoubleLine Asset-Backed Securities ETF in the 3rd quarter valued at about $172,637,000. Beam Wealth Advisors Inc. acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF in the 3rd quarter valued at approximately $12,945,000. Gradient Investments LLC boosted its position in DoubleLine Asset-Backed Securities ETF by 8.7% during the 4th quarter. Gradient Investments LLC now owns 1,098,513 shares of the company’s stock worth $55,925,000 after buying an additional 87,563 shares during the period. Jane Street Group LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 1st quarter worth approximately $3,191,000. Finally, Flow Traders U.S. LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 3rd quarter worth approximately $1,853,000.

DoubleLine Asset-Backed Securities ETF Stock Performance

DoubleLine Asset-Backed Securities ETF stock opened at $50.62 on Monday. DoubleLine Asset-Backed Securities ETF has a 52-week low of $49.49 and a 52-week high of $54.15. The firm has a 50 day moving average price of $50.96 and a two-hundred day moving average price of $50.97.

DoubleLine Asset-Backed Securities ETF Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities. DABS was launched on Feb 28, 2025 and is issued by DoubleLine.