Fortis Advisors LLC lowered its position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND – Free Report) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 161,911 shares of the company’s stock after selling 3,898 shares during the period. DoubleLine Opportunistic Bond ETF comprises about 4.8% of Fortis Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Fortis Advisors LLC owned 2.72% of DoubleLine Opportunistic Bond ETF worth $7,333,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Highline Wealth Partners LLC bought a new stake in DoubleLine Opportunistic Bond ETF during the third quarter valued at about $33,000. Hollencrest Capital Management purchased a new position in shares of DoubleLine Opportunistic Bond ETF in the second quarter valued at about $62,000. Private Trust Co. NA purchased a new position in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at about $95,000. Atria Investments Inc purchased a new position in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at about $280,000. Finally, Jane Street Group LLC purchased a new position in shares of DoubleLine Opportunistic Bond ETF in the third quarter valued at about $287,000.
DoubleLine Opportunistic Bond ETF Stock Performance
Shares of DoubleLine Opportunistic Bond ETF stock opened at $44.88 on Tuesday. The stock’s 50-day simple moving average is $45.64 and its 200-day simple moving average is $46.20. DoubleLine Opportunistic Bond ETF has a 52 week low of $44.44 and a 52 week high of $47.60.
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.
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