Gradient Investments LLC Purchases 13,806 Shares of DoubleLine Commercial Real Estate ETF $DCRE

Gradient Investments LLC grew its position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 4.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 322,527 shares of the company’s stock after buying an additional 13,806 shares during the quarter. Gradient Investments LLC owned 5.01% of DoubleLine Commercial Real Estate ETF worth $16,739,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tortoise Investment Management LLC boosted its position in shares of DoubleLine Commercial Real Estate ETF by 15.3% during the 3rd quarter. Tortoise Investment Management LLC now owns 240,961 shares of the company’s stock worth $12,549,000 after acquiring an additional 32,045 shares in the last quarter. Thrivent Financial for Lutherans raised its position in DoubleLine Commercial Real Estate ETF by 33.5% during the third quarter. Thrivent Financial for Lutherans now owns 172,026 shares of the company’s stock valued at $8,959,000 after purchasing an additional 43,161 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in DoubleLine Commercial Real Estate ETF by 7.9% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 167,392 shares of the company’s stock worth $8,718,000 after purchasing an additional 12,205 shares during the last quarter. Seascape Capital Management lifted its stake in DoubleLine Commercial Real Estate ETF by 2.9% during the third quarter. Seascape Capital Management now owns 155,614 shares of the company’s stock worth $8,104,000 after purchasing an additional 4,322 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its holdings in shares of DoubleLine Commercial Real Estate ETF by 1.4% in the 3rd quarter. Leavell Investment Management Inc. now owns 123,116 shares of the company’s stock valued at $6,412,000 after purchasing an additional 1,709 shares in the last quarter.

DoubleLine Commercial Real Estate ETF Trading Down 0.2%

Shares of DCRE opened at $51.83 on Monday. DoubleLine Commercial Real Estate ETF has a 52-week low of $51.43 and a 52-week high of $53.11. The business’s fifty day moving average is $52.10 and its 200-day moving average is $52.06.

DoubleLine Commercial Real Estate ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.1944 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.5%.

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.