Bristlecone Advisors LLC Takes $786,000 Position in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Bristlecone Advisors LLC bought a new stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 17,354 shares of the company’s stock, valued at approximately $786,000. Bristlecone Advisors LLC owned about 0.29% of DoubleLine Opportunistic Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of DBND. W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in DoubleLine Opportunistic Bond ETF by 2.2% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 421,108 shares of the company’s stock worth $19,944,000 after buying an additional 9,170 shares during the period. Foundations Investment Advisors LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 871.8% during the third quarter. Foundations Investment Advisors LLC now owns 263,745 shares of the company’s stock worth $12,491,000 after buying an additional 236,606 shares during the period. Fortis Advisors LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 43.0% during the third quarter. Fortis Advisors LLC now owns 165,809 shares of the company’s stock worth $7,853,000 after buying an additional 49,871 shares during the period. Landmark Wealth Management LLC lifted its holdings in DoubleLine Opportunistic Bond ETF by 4.7% during the fourth quarter. Landmark Wealth Management LLC now owns 132,116 shares of the company’s stock worth $5,983,000 after buying an additional 5,960 shares during the period. Finally, Beckerman Institutional LLC purchased a new stake in DoubleLine Opportunistic Bond ETF during the third quarter worth $5,776,000.

DoubleLine Opportunistic Bond ETF Stock Performance

DoubleLine Opportunistic Bond ETF stock opened at $45.55 on Tuesday. The business has a fifty day moving average of $45.51 and a two-hundred day moving average of $46.19. DoubleLine Opportunistic Bond ETF has a twelve month low of $44.44 and a twelve month 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.