Foundations Investment Advisors LLC Raises Stock Position in DoubleLine Commercial Real Estate ETF $DCRE

Foundations Investment Advisors LLC increased its stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 63.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 521,381 shares of the company’s stock after purchasing an additional 203,133 shares during the quarter. Foundations Investment Advisors LLC owned 0.08% of DoubleLine Commercial Real Estate ETF worth $27,060,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC boosted its holdings in DoubleLine Commercial Real Estate ETF by 0.7% in the fourth quarter. Sanctuary Advisors LLC now owns 666,603 shares of the company’s stock worth $34,597,000 after purchasing an additional 4,942 shares during the last quarter. Gradient Investments LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 4.5% during the 4th quarter. Gradient Investments LLC now owns 322,527 shares of the company’s stock worth $16,739,000 after acquiring an additional 13,806 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 62.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 278,797 shares of the company’s stock worth $14,468,000 after acquiring an additional 106,771 shares during the last quarter. Tortoise Investment Management LLC boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 9.9% during the 4th quarter. Tortoise Investment Management LLC now owns 264,905 shares of the company’s stock worth $13,749,000 after acquiring an additional 23,944 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co boosted its stake in shares of DoubleLine Commercial Real Estate ETF by 4.3% during the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 174,523 shares of the company’s stock worth $9,058,000 after acquiring an additional 7,131 shares during the last quarter.

DoubleLine Commercial Real Estate ETF Stock Performance

Shares of DoubleLine Commercial Real Estate ETF stock opened at $51.78 on Thursday. The company’s fifty day simple moving average is $51.86 and its 200-day simple moving average is $52.00. DoubleLine Commercial Real Estate ETF has a 1-year low of $51.62 and a 1-year high of $52.56.

DoubleLine Commercial Real Estate ETF Profile

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. DCRE was launched on Mar 31, 2023 and is issued by DoubleLine.