Aprio Wealth Management LLC Has $10.28 Million Stock Position in DoubleLine Opportunistic Bond ETF $DBND

Aprio Wealth Management LLC lifted its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 26.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,618 shares of the company’s stock after buying an additional 45,728 shares during the period. Aprio Wealth Management LLC owned about 1.63% of DoubleLine Opportunistic Bond ETF worth $10,275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Royal Bank of Canada boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 101.3% in the 1st quarter. Royal Bank of Canada now owns 44,576 shares of the company’s stock valued at $2,058,000 after purchasing an additional 22,437 shares in the last quarter. Jane Street Group LLC increased its position in shares of DoubleLine Opportunistic Bond ETF by 28.0% during the 1st quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock worth $2,311,000 after purchasing an additional 10,959 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of DoubleLine Opportunistic Bond ETF by 290.0% during the 2nd quarter. Raymond James Financial Inc. now owns 394,891 shares of the company’s stock worth $18,260,000 after purchasing an additional 293,626 shares in the last quarter. Ausdal Financial Partners Inc. lifted its holdings in DoubleLine Opportunistic Bond ETF by 30.2% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 121,193 shares of the company’s stock valued at $5,604,000 after purchasing an additional 28,081 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 11.2% during the 2nd quarter. MML Investors Services LLC now owns 142,702 shares of the company’s stock valued at $6,599,000 after purchasing an additional 14,323 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

NYSEARCA:DBND opened at $46.03 on Monday. DoubleLine Opportunistic Bond ETF has a 12 month low of $45.12 and a 12 month high of $47.05. The company’s 50-day moving average price is $46.13 and its two-hundred day moving average price is $46.37.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were paid a $0.1662 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.