Global Wealth Management Investment Advisory Inc. Boosts Stake in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE)

Global Wealth Management Investment Advisory Inc. increased its position in DoubleLine Commercial Real Estate ETF (NYSEARCA:DCRE) by 11.8% in the fourth quarter, HoldingsChannel reports. The firm owned 12,308 shares of the company’s stock after purchasing an additional 1,295 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in DoubleLine Commercial Real Estate ETF were worth $633,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brown Financial Advisors raised its holdings in DoubleLine Commercial Real Estate ETF by 4.7% in 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 in the last quarter. Sugarloaf Wealth Management LLC grew its position 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 worth $754,000 after buying an additional 1,061 shares during the period. Signal Advisors Wealth LLC bought a new position in shares of DoubleLine Commercial Real Estate ETF in the 4th quarter worth about $220,000. SK Wealth Management LLC purchased a new position in DoubleLine Commercial Real Estate ETF during the 3rd quarter valued at about $236,000. Finally, Foundations Investment Advisors LLC lifted its position in DoubleLine Commercial Real Estate ETF by 6.0% during the 4th quarter. Foundations Investment Advisors LLC now owns 106,131 shares of the company’s stock valued at $5,461,000 after acquiring an additional 6,053 shares during the period.

DoubleLine Commercial Real Estate ETF Stock Performance

DoubleLine Commercial Real Estate ETF stock opened at $51.58 on Monday. DoubleLine Commercial Real Estate ETF has a twelve month low of $50.82 and a twelve month high of $52.19. The stock’s 50 day moving average is $51.51 and its 200 day moving average 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.