Corient Private Wealth LLC Takes Position in DoubleLine Opportunistic Bond ETF $DBND

Corient Private Wealth LLC purchased a new position in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 86,114 shares of the company’s stock, valued at approximately $3,993,000. Corient Private Wealth LLC owned approximately 0.62% of DoubleLine Opportunistic Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $74,000. Clayton Financial Group LLC acquired a new stake in shares of DoubleLine Opportunistic Bond ETF in the fourth quarter valued at approximately $125,000. Bank of America Corp DE purchased a new position in DoubleLine Opportunistic Bond ETF during the third quarter worth approximately $125,000. Farther Finance Advisors LLC lifted its position in DoubleLine Opportunistic Bond ETF by 5,775.0% during the fourth quarter. Farther Finance Advisors LLC now owns 2,820 shares of the company’s stock worth $131,000 after buying an additional 2,772 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in DoubleLine Opportunistic Bond ETF during the fourth quarter worth $288,000.

DoubleLine Opportunistic Bond ETF Price Performance

NYSEARCA DBND opened at $45.71 on Friday. The stock’s fifty day moving average is $45.58 and its two-hundred day moving average is $46.04. DoubleLine Opportunistic Bond ETF has a fifty-two week low of $45.03 and a fifty-two week high of $47.05.

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.