Raymond James & Associates Invests $4.05 Million in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Raymond James & Associates bought a new position in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 77,893 shares of the company’s stock, valued at approximately $4,049,000. Raymond James & Associates owned about 3.02% of DoubleLine Commercial Real Estate ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of DCRE. Sanctuary Advisors LLC purchased a new stake in shares of DoubleLine Commercial Real Estate ETF during the second quarter worth about $16,123,000. Envestnet Asset Management Inc. purchased a new stake in shares of DoubleLine Commercial Real Estate ETF during the second quarter worth about $15,071,000. Kathmere Capital Management LLC bought a new stake in DoubleLine Commercial Real Estate ETF in the second quarter valued at about $9,251,000. Saxon Interests Inc. bought a new stake in DoubleLine Commercial Real Estate ETF in the third quarter valued at about $5,322,000. Finally, Brown Financial Advisors bought a new stake in DoubleLine Commercial Real Estate ETF in the second quarter valued at about $1,062,000.

DoubleLine Commercial Real Estate ETF Price Performance

Shares of DoubleLine Commercial Real Estate ETF stock opened at $51.26 on Friday. DoubleLine Commercial Real Estate ETF has a fifty-two week low of $50.32 and a fifty-two week high of $52.19. The business has a 50-day moving average price of $51.74 and a 200 day moving average price of $51.46.

About DoubleLine Commercial Real Estate ETF

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.