Paladin Wealth LLC Has $1.10 Million Stock Position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Paladin Wealth LLC increased its stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 35.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,297 shares of the company’s stock after purchasing an additional 5,516 shares during the quarter. Paladin Wealth LLC’s holdings in DoubleLine Commercial Real Estate ETF were worth $1,096,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DCRE. Diversified LLC acquired a new stake in DoubleLine Commercial Real Estate ETF in the third quarter valued at $13,802,000. Seascape Capital Management bought a new stake in shares of DoubleLine Commercial Real Estate ETF in the 3rd quarter valued at about $7,051,000. Leavell Investment Management Inc. acquired a new stake in DoubleLine Commercial Real Estate ETF in the 3rd quarter valued at about $5,345,000. Foundations Investment Advisors LLC bought a new position in DoubleLine Commercial Real Estate ETF during the third quarter worth about $5,202,000. Finally, Raymond James & Associates acquired a new position in DoubleLine Commercial Real Estate ETF during the third quarter worth approximately $4,049,000.

DoubleLine Commercial Real Estate ETF Stock Performance

NYSEARCA:DCRE opened at $51.58 on Tuesday. DoubleLine Commercial Real Estate ETF has a 12-month low of $50.82 and a 12-month high of $52.19. The stock’s 50 day moving average price is $51.51 and its two-hundred day moving average price is $51.59.

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.