Raymond James Financial Inc. Acquires New Position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Raymond James Financial Inc. bought a new position in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,907 shares of the company’s stock, valued at approximately $973,000. Raymond James Financial Inc. owned 0.73% of DoubleLine Commercial Real Estate ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of DCRE. Naples Global Advisors LLC increased its position in shares of DoubleLine Commercial Real Estate ETF by 10.2% during the 4th quarter. Naples Global Advisors LLC now owns 9,660 shares of the company’s stock worth $497,000 after purchasing an additional 895 shares during the last quarter. Brown Financial Advisors increased its position in shares of DoubleLine Commercial Real Estate ETF by 4.7% during the third quarter. Brown Financial Advisors now owns 21,632 shares of the company’s stock valued at $1,124,000 after acquiring an additional 975 shares during the last quarter. Sugarloaf Wealth Management LLC raised its stake in shares of DoubleLine Commercial Real Estate ETF by 7.8% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 14,648 shares of the company’s stock valued at $754,000 after acquiring an additional 1,061 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of DoubleLine Commercial Real Estate ETF by 11.8% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 12,308 shares of the company’s stock worth $633,000 after acquiring an additional 1,295 shares during the last quarter. Finally, Seascape Capital Management boosted its position in shares of DoubleLine Commercial Real Estate ETF by 1.5% during the 4th quarter. Seascape Capital Management now owns 137,704 shares of the company’s stock worth $7,086,000 after purchasing an additional 2,049 shares during the period.

DoubleLine Commercial Real Estate ETF Stock Down 0.1 %

NYSEARCA DCRE opened at $51.72 on Friday. The stock has a 50-day moving average of $51.70 and a two-hundred day moving average of $51.60. DoubleLine Commercial Real Estate ETF has a 1-year low of $50.86 and a 1-year high of $52.19.

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.