Waddell & Associates LLC Grows Stock Holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Waddell & Associates LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 184,166 shares of the company’s stock after buying an additional 1,917 shares during the period. DoubleLine Opportunistic Bond ETF accounts for about 0.9% of Waddell & Associates LLC’s investment portfolio, making the stock its 16th biggest holding. Waddell & Associates LLC owned approximately 3.09% of DoubleLine Opportunistic Bond ETF worth $8,340,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $496,000. Envestnet Asset Management Inc. increased its holdings in shares of DoubleLine Opportunistic Bond ETF by 8.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 214,279 shares of the company’s stock valued at $9,704,000 after purchasing an additional 17,484 shares in the last quarter. National Bank of Canada FI increased its position in shares of DoubleLine Opportunistic Bond ETF by 110.6% in the fourth quarter. National Bank of Canada FI now owns 14,140 shares of the company’s stock valued at $640,000 after buying an additional 7,425 shares in the last quarter. BlueChip Wealth Advisors LLC acquired a new position in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at $936,000. Finally, LPL Financial LLC grew its position in DoubleLine Opportunistic Bond ETF by 23.5% during the fourth quarter. LPL Financial LLC now owns 9,983 shares of the company’s stock valued at $452,000 after acquiring an additional 1,900 shares during the period.

DoubleLine Opportunistic Bond ETF Stock Performance

Shares of DBND opened at $45.62 on Wednesday. DoubleLine Opportunistic Bond ETF has a 12 month low of $44.44 and a 12 month high of $47.60. The stock’s 50-day moving average is $45.88 and its two-hundred day moving average is $45.90.

DoubleLine Opportunistic Bond ETF Company 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.