Centaurus Financial Inc. Invests $1.72 Million in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Centaurus Financial Inc. purchased a new stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 33,007 shares of the company’s stock, valued at approximately $1,716,000.

Several other institutional investors have also recently added to or reduced their stakes in DCRE. Sanctuary Advisors LLC acquired a new stake in shares of DoubleLine Commercial Real Estate ETF in the 2nd quarter worth $16,123,000. Envestnet Asset Management Inc. acquired a new stake in DoubleLine Commercial Real Estate ETF in the second quarter valued at about $15,071,000. Kathmere Capital Management LLC acquired a new stake in DoubleLine Commercial Real Estate ETF in the second quarter valued at about $9,251,000. Seascape Capital Management purchased a new stake in DoubleLine Commercial Real Estate ETF in the 3rd quarter valued at approximately $7,051,000. Finally, Leavell Investment Management Inc. acquired a new position in DoubleLine Commercial Real Estate ETF during the 3rd quarter worth approximately $5,345,000.

DoubleLine Commercial Real Estate ETF Price Performance

Shares of DCRE stock opened at $51.44 on Monday. DoubleLine Commercial Real Estate ETF has a 12-month low of $50.58 and a 12-month high of $52.19. The stock has a 50 day simple moving average of $51.61 and a 200-day simple moving average of $51.49.

DoubleLine Commercial Real Estate ETF Company Profile

The DoubleLine Commercial Real Estate ETF (DCRE) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade commercial real estate debt securities of any maturity. The fund seeks current income and capital appreciation.