Aptus Capital Advisors LLC Takes $13.98 Million Position in DoubleLine Opportunistic Bond ETF $DBND

Aptus Capital Advisors LLC acquired a new position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 300,463 shares of the company’s stock, valued at approximately $13,981,000.

Several other hedge funds also recently modified their holdings of DBND. Beacon Capital Management Inc. bought a new stake in DoubleLine Opportunistic Bond ETF in the second quarter valued at approximately $165,000. Triad Wealth Partners LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF during the third quarter worth $215,000. NWF Advisory Services Inc. acquired a new position in shares of DoubleLine Opportunistic Bond ETF in the second quarter valued at about $258,000. Stewardship Advisors LLC increased its position in shares of DoubleLine Opportunistic Bond ETF by 22.3% in the third quarter. Stewardship Advisors LLC now owns 6,660 shares of the company’s stock worth $310,000 after purchasing an additional 1,214 shares during the period. Finally, Krilogy Financial LLC acquired a new position in DoubleLine Opportunistic Bond ETF in the third quarter valued at about $315,000.

DoubleLine Opportunistic Bond ETF Price Performance

NYSEARCA DBND opened at $46.29 on Friday. The business’s fifty day moving average is $46.51 and its 200 day moving average is $46.50. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.92 and a twelve month high of $47.05.

DoubleLine Opportunistic Bond ETF Cuts Dividend

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

DoubleLine Opportunistic Bond ETF 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. DBND was launched on Mar 31, 2022 and is managed by DoubleLine.