Mendel Money Management bought a new position in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) in the 3rd quarter, Holdings Channel reports. The fund bought 25,933 shares of the company’s stock, valued at approximately $1,288,000.
Several other large investors have also added to or reduced their stakes in the company. Allworth Financial LP bought a new position in shares of DoubleLine Mortgage ETF in the second quarter worth approximately $36,000. Flow Traders U.S. LLC purchased a new stake in DoubleLine Mortgage ETF in the 2nd quarter worth $205,000. Prime Capital Investment Advisors LLC bought a new stake in DoubleLine Mortgage ETF during the third quarter valued at about $250,000. Transatlantique Private Wealth LLC purchased a new position in shares of DoubleLine Mortgage ETF in the second quarter valued at about $261,000. Finally, Waterloo Capital L.P. lifted its position in shares of DoubleLine Mortgage ETF by 54.7% in the second quarter. Waterloo Capital L.P. now owns 6,556 shares of the company’s stock valued at $322,000 after acquiring an additional 2,318 shares in the last quarter.
DoubleLine Mortgage ETF Trading Up 0.1%
NYSEARCA:DMBS opened at $50.20 on Friday. The stock has a 50-day moving average price of $49.83 and a 200 day moving average price of $49.72. DoubleLine Mortgage ETF has a 12-month low of $46.84 and a 12-month high of $50.31.
DoubleLine Mortgage ETF Increases Dividend
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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