Hollencrest Capital Management Makes New $62,000 Investment in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Hollencrest Capital Management bought a new stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,369 shares of the company’s stock, valued at approximately $62,000.

Other hedge funds have also made changes to their positions in the company. Waddell & Associates LLC boosted its position in DoubleLine Opportunistic Bond ETF by 126.8% during the fourth quarter. Waddell & Associates LLC now owns 184,382 shares of the company’s stock valued at $8,529,000 after purchasing an additional 103,084 shares during the last quarter. Aveo Capital Partners LLC grew its stake in shares of DoubleLine Opportunistic Bond ETF by 2.9% in the 4th quarter. Aveo Capital Partners LLC now owns 15,805 shares of the company’s stock valued at $731,000 after buying an additional 448 shares in the last quarter. Stonehearth Capital Management LLC increased its holdings in DoubleLine Opportunistic Bond ETF by 5.5% in the first quarter. Stonehearth Capital Management LLC now owns 5,954 shares of the company’s stock worth $273,000 after buying an additional 312 shares during the last quarter. Aprio Wealth Management LLC raised its position in DoubleLine Opportunistic Bond ETF by 19.8% during the first quarter. Aprio Wealth Management LLC now owns 73,356 shares of the company’s stock valued at $3,366,000 after acquiring an additional 12,113 shares in the last quarter. Finally, Panoramic Investment Advisors LLC lifted its stake in DoubleLine Opportunistic Bond ETF by 57.9% in the first quarter. Panoramic Investment Advisors LLC now owns 14,050 shares of the company’s stock valued at $645,000 after acquiring an additional 5,150 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DBND opened at $47.37 on Friday. The company’s fifty day moving average is $46.70 and its 200-day moving average is $45.78. DoubleLine Opportunistic Bond ETF has a 12 month low of $42.85 and a 12 month high of $47.60.

DoubleLine Opportunistic Bond ETF Company Profile

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.