Sugarloaf Wealth Management LLC lifted its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,531 shares of the company’s stock after acquiring an additional 2,722 shares during the quarter. Sugarloaf Wealth Management LLC owned 0.99% of DoubleLine Mortgage ETF worth $3,008,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Peterson Financial Group Inc. purchased a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter valued at $129,000. Latitude Advisors LLC bought a new position in DoubleLine Mortgage ETF during the third quarter valued at about $300,000. Orion Portfolio Solutions LLC increased its holdings in DoubleLine Mortgage ETF by 10.2% during the third quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after buying an additional 722 shares during the last quarter. Maripau Wealth Management LLC raised its position in DoubleLine Mortgage ETF by 32.8% in the third quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after acquiring an additional 2,668 shares during the period. Finally, Canandaigua National Trust Co of Florida bought a new stake in DoubleLine Mortgage ETF in the fourth quarter worth about $545,000.
DoubleLine Mortgage ETF Stock Down 1.0 %
Shares of DoubleLine Mortgage ETF stock traded down $0.46 on Friday, reaching $47.47. 813,838 shares of the company traded hands, compared to its average volume of 160,108. The company has a 50 day moving average of $48.49 and a 200 day moving average of $49.14. DoubleLine Mortgage ETF has a 52 week low of $47.00 and a 52 week high of $50.71.
DoubleLine Mortgage ETF Company Profile
The Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of investment grade residential mortgage-backed securities of any maturity. The fund seeks to outperform the Bloomberg US Mortgage-Backed Securities Index DMBS was launched on Mar 31, 2023 and is managed by DoubleLine.
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Want to see what other hedge funds are holding DMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report).
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