Aprio Wealth Management LLC Has $8.18 Million Stock Position in DoubleLine Opportunistic Bond ETF $DBND

Aprio Wealth Management LLC boosted its stake in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 9.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 175,890 shares of the company’s stock after acquiring an additional 15,091 shares during the period. DoubleLine Opportunistic Bond ETF accounts for 0.8% of Aprio Wealth Management LLC’s portfolio, making the stock its 26th biggest position. Aprio Wealth Management LLC’s holdings in DoubleLine Opportunistic Bond ETF were worth $8,184,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. 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 during the last quarter. Jane Street Group LLC raised its stake in DoubleLine Opportunistic Bond ETF by 28.0% during the first quarter. Jane Street Group LLC now owns 50,058 shares of the company’s stock worth $2,311,000 after buying an additional 10,959 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in DoubleLine Opportunistic Bond ETF by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 348,913 shares of the company’s stock valued at $16,134,000 after buying an additional 13,993 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in DoubleLine Opportunistic Bond ETF by 6.5% in the second quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 486,184 shares of the company’s stock valued at $22,481,000 after buying an additional 29,569 shares during the period. Finally, Benchmark Financial Wealth Advisors LLC boosted its position in DoubleLine Opportunistic Bond ETF by 8.0% during the second quarter. Benchmark Financial Wealth Advisors LLC now owns 367,708 shares of the company’s stock valued at $17,003,000 after acquiring an additional 27,358 shares during the last quarter.

DoubleLine Opportunistic Bond ETF Trading Up 0.2%

Shares of DoubleLine Opportunistic Bond ETF stock opened at $46.94 on Friday. The business has a 50-day moving average price of $46.51 and a two-hundred day moving average price of $46.49. DoubleLine Opportunistic Bond ETF has a 1-year low of $44.92 and a 1-year high of $47.05.

DoubleLine Opportunistic Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a dividend of $0.1671 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a 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.