Sugarloaf Wealth Management LLC Has $754,000 Stock Holdings in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Sugarloaf Wealth Management LLC lifted its stake in shares of DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 7.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,648 shares of the company’s stock after purchasing an additional 1,061 shares during the period. Sugarloaf Wealth Management LLC’s holdings in DoubleLine Commercial Real Estate ETF were worth $754,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in DCRE. SK Wealth Management LLC acquired a new position in DoubleLine Commercial Real Estate ETF in the third quarter valued at about $236,000. Sanctuary Advisors LLC lifted its holdings in DoubleLine Commercial Real Estate ETF by 20.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 378,829 shares of the company’s stock worth $19,486,000 after purchasing an additional 63,325 shares during the last quarter. Brown Financial Advisors increased its holdings 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 worth $1,124,000 after purchasing an additional 975 shares during the period. Independent Family Office LLC acquired a new position in DoubleLine Commercial Real Estate ETF in the third quarter valued at about $1,088,000. Finally, Diversified LLC bought a new stake in DoubleLine Commercial Real Estate ETF during the third quarter worth $13,802,000.

DoubleLine Commercial Real Estate ETF Stock Performance

DoubleLine Commercial Real Estate ETF stock traded down $0.03 during mid-day trading on Friday, reaching $51.38. The company had a trading volume of 24,551 shares, compared to its average volume of 34,952. The business has a fifty day simple moving average of $51.45 and a 200 day simple moving average of $51.55. DoubleLine Commercial Real Estate ETF has a fifty-two week low of $50.82 and a fifty-two week high of $52.19.

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.