Argonautica Private Wealth Management Inc. Makes New Investment in DoubleLine Commercial Real Estate ETF $DCRE

Argonautica Private Wealth Management Inc. acquired a new position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the third quarter, HoldingsChannel reports. The institutional investor acquired 15,740 shares of the company’s stock, valued at approximately $820,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Franklin Resources Inc. increased its stake in shares of DoubleLine Commercial Real Estate ETF by 146.8% during the second quarter. Franklin Resources Inc. now owns 50,239 shares of the company’s stock valued at $2,614,000 after purchasing an additional 29,881 shares in the last quarter. CW Advisors LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF by 60.7% in the 2nd quarter. CW Advisors LLC now owns 73,312 shares of the company’s stock worth $3,815,000 after buying an additional 27,699 shares during the last quarter. Gradient Investments LLC grew its stake in shares of DoubleLine Commercial Real Estate ETF by 5.2% in the 3rd quarter. Gradient Investments LLC now owns 308,721 shares of the company’s stock worth $16,078,000 after buying an additional 15,223 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in DoubleLine Commercial Real Estate ETF during the 2nd quarter valued at approximately $6,705,000. Finally, Optima Capital LLC raised its stake in DoubleLine Commercial Real Estate ETF by 87.7% during the first quarter. Optima Capital LLC now owns 29,544 shares of the company’s stock valued at $1,532,000 after buying an additional 13,806 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Trading Down 0.0%

Shares of NYSEARCA:DCRE opened at $52.00 on Friday. DoubleLine Commercial Real Estate ETF has a 12-month low of $51.30 and a 12-month high of $53.11. The stock has a fifty day simple moving average of $52.02 and a two-hundred day simple moving average of $52.00.

DoubleLine Commercial Real Estate ETF 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.