GeoWealth Management LLC Has $2.34 Million Position in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT)

GeoWealth Management LLC raised its holdings in DoubleLine Commodity Strategy ETF (NYSEARCA:DCMT) by 21.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 91,584 shares of the company’s stock after purchasing an additional 16,134 shares during the quarter. GeoWealth Management LLC owned about 0.09% of DoubleLine Commodity Strategy ETF worth $2,336,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in DCMT. Foundations Investment Advisors LLC increased its position in shares of DoubleLine Commodity Strategy ETF by 15.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 614,742 shares of the company’s stock worth $15,682,000 after purchasing an additional 80,244 shares during the period. Global Wealth Management Investment Advisory Inc. acquired a new position in shares of DoubleLine Commodity Strategy ETF during the fourth quarter worth $1,107,000. Finally, Tucker Asset Management LLC bought a new stake in shares of DoubleLine Commodity Strategy ETF in the fourth quarter worth $49,000.

DoubleLine Commodity Strategy ETF Stock Up 0.7 %

Shares of DCMT opened at $25.45 on Friday. The stock’s 50-day moving average price is $26.16 and its two-hundred day moving average price is $25.95. DoubleLine Commodity Strategy ETF has a 12 month low of $23.63 and a 12 month high of $27.99.

About DoubleLine Commodity Strategy ETF

The DoubleLine Commodity Strategy ETF (DCMT) is an exchange-traded fund that mostly invests in broad market commodities. The fund provides broad commodity exposure through an actively managed portfolio of commodity-linked derivative instruments. The fund seeks total returns throughout an entire market cycle.