W.G. Shaheen & Associates DBA Whitney & Co Grows Position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 432,631 shares of the company’s stock after acquiring an additional 11,523 shares during the period. DoubleLine Opportunistic Bond ETF comprises approximately 2.1% of W.G. Shaheen & Associates DBA Whitney & Co’s holdings, making the stock its 13th biggest holding. W.G. Shaheen & Associates DBA Whitney & Co owned approximately 0.07% of DoubleLine Opportunistic Bond ETF worth $19,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DBND. Atria Investments Inc purchased a new position in DoubleLine Opportunistic Bond ETF in the third quarter valued at approximately $280,000. Jane Street Group LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF during the 3rd quarter valued at about $287,000. Bristlecone Advisors LLC acquired a new position in DoubleLine Opportunistic Bond ETF during the 4th quarter worth approximately $786,000. MML Investors Services LLC boosted its holdings in DoubleLine Opportunistic Bond ETF by 5.7% in the 3rd quarter. MML Investors Services LLC now owns 113,355 shares of the company’s stock worth $5,368,000 after acquiring an additional 6,106 shares during the period. Finally, Beckerman Institutional LLC acquired a new stake in DoubleLine Opportunistic Bond ETF in the third quarter valued at approximately $5,776,000.

DoubleLine Opportunistic Bond ETF Trading Up 0.4 %

DBND opened at $45.80 on Monday. The firm’s 50 day moving average is $45.41 and its 200-day moving average is $46.13. DoubleLine Opportunistic Bond ETF has a 52-week low of $44.44 and a 52-week high of $47.60.

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.