Congress Wealth Management LLC DE Reduces Holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND)

Congress Wealth Management LLC DE lessened its holdings in DoubleLine Opportunistic Bond ETF (NYSEARCA:DBND) by 1.3% during the 1st quarter, Holdings Channel reports. The firm owned 107,445 shares of the company’s stock after selling 1,446 shares during the quarter. Congress Wealth Management LLC DE’s holdings in DoubleLine Opportunistic Bond ETF were worth $4,930,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DBND. Sound Income Strategies LLC purchased a new stake in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at approximately $124,000. Firethorn Wealth Partners LLC purchased a new stake in shares of DoubleLine Opportunistic Bond ETF in the first quarter valued at $247,000. Stonehearth Capital Management LLC boosted its stake in shares of DoubleLine Opportunistic Bond ETF by 8.3% during the fourth quarter. Stonehearth Capital Management LLC now owns 5,642 shares of the company’s stock valued at $261,000 after acquiring an additional 434 shares during the last quarter. Pasadena Private Wealth LLC purchased a new stake in DoubleLine Opportunistic Bond ETF during the 4th quarter worth about $266,000. Finally, Panoramic Investment Advisors LLC acquired a new position in DoubleLine Opportunistic Bond ETF in the 4th quarter valued at about $412,000.

DoubleLine Opportunistic Bond ETF Price Performance

NYSEARCA:DBND traded down $0.26 on Monday, reaching $44.93. The stock had a trading volume of 35,686 shares, compared to its average volume of 32,349. DoubleLine Opportunistic Bond ETF has a 12-month low of $42.85 and a 12-month high of $46.48. The firm’s fifty day moving average is $45.19 and its two-hundred day moving average is $45.52.

About DoubleLine Opportunistic Bond ETF

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.