DoubleLine Mortgage ETF $DMBS Shares Purchased by New Republic Capital LLC

New Republic Capital LLC grew its stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 78.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 80,466 shares of the company’s stock after acquiring an additional 35,493 shares during the quarter. DoubleLine Mortgage ETF accounts for 1.2% of New Republic Capital LLC’s portfolio, making the stock its 15th largest position. New Republic Capital LLC’s holdings in DoubleLine Mortgage ETF were worth $3,998,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in DoubleLine Mortgage ETF during the 1st quarter worth about $569,000. Parallel Advisors LLC lifted its holdings in DoubleLine Mortgage ETF by 69.2% in the 2nd quarter. Parallel Advisors LLC now owns 14,049 shares of the company’s stock valued at $689,000 after purchasing an additional 5,747 shares in the last quarter. Gradient Investments LLC boosted its stake in shares of DoubleLine Mortgage ETF by 5.9% during the 2nd quarter. Gradient Investments LLC now owns 1,875,326 shares of the company’s stock worth $92,022,000 after purchasing an additional 103,867 shares during the last quarter. Paladin Wealth LLC grew its holdings in shares of DoubleLine Mortgage ETF by 13.1% during the second quarter. Paladin Wealth LLC now owns 65,501 shares of the company’s stock worth $3,214,000 after buying an additional 7,599 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida purchased a new stake in shares of DoubleLine Mortgage ETF during the second quarter worth about $575,000.

DoubleLine Mortgage ETF Price Performance

NYSEARCA:DMBS opened at $49.89 on Tuesday. The firm has a 50 day simple moving average of $49.74 and a 200-day simple moving average of $49.49. DoubleLine Mortgage ETF has a 1-year low of $46.84 and a 1-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.