Paladin Wealth LLC lifted its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 34.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,262 shares of the company’s stock after purchasing an additional 22,761 shares during the period. DoubleLine Mortgage ETF comprises about 3.2% of Paladin Wealth LLC’s portfolio, making the stock its 2nd largest holding. Paladin Wealth LLC owned 0.82% of DoubleLine Mortgage ETF worth $4,385,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP acquired a new stake in DoubleLine Mortgage ETF in the second quarter valued at approximately $36,000. Flow Traders U.S. LLC acquired a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter worth approximately $205,000. RFG Advisory LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at approximately $213,000. SCS Capital Management LLC acquired a new stake in DoubleLine Mortgage ETF in the 1st quarter valued at $258,000. Finally, Transatlantique Private Wealth LLC acquired a new stake in DoubleLine Mortgage ETF in the 2nd quarter valued at $261,000.
DoubleLine Mortgage ETF Price Performance
Shares of NYSEARCA DMBS opened at $49.80 on Tuesday. The firm has a fifty day moving average of $49.83 and a 200 day moving average of $49.36. DoubleLine Mortgage ETF has a one year low of $46.84 and a one year high of $50.21.
DoubleLine Mortgage ETF 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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