TPG Financial Advisors LLC Has $11.60 Million Holdings in DoubleLine Mortgage ETF $DMBS

TPG Financial Advisors LLC grew its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 17.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 233,503 shares of the company’s stock after purchasing an additional 34,273 shares during the quarter. DoubleLine Mortgage ETF makes up about 4.3% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 6th largest position. TPG Financial Advisors LLC owned 2.10% of DoubleLine Mortgage ETF worth $11,600,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in shares of DoubleLine Mortgage ETF during the second quarter valued at approximately $36,000. Flow Traders U.S. LLC purchased a new position in shares of DoubleLine Mortgage ETF in the second quarter worth $205,000. Prime Capital Investment Advisors LLC purchased a new position in shares of DoubleLine Mortgage ETF in the third quarter worth $250,000. Waterloo Capital L.P. raised its holdings in DoubleLine Mortgage ETF by 54.7% during the 2nd quarter. Waterloo Capital L.P. now owns 6,556 shares of the company’s stock valued at $322,000 after buying an additional 2,318 shares during the last quarter. Finally, Silverlake Wealth Management LLC bought a new stake in DoubleLine Mortgage ETF during the 3rd quarter valued at $346,000.

DoubleLine Mortgage ETF Price Performance

Shares of DMBS opened at $49.83 on Friday. DoubleLine Mortgage ETF has a twelve month low of $46.84 and a twelve month high of $50.54. The firm has a fifty day simple moving average of $49.93 and a two-hundred day simple moving average of $49.81.

DoubleLine Mortgage ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2122 per share. This is an increase from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Monday, March 2nd.

About DoubleLine Mortgage ETF

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.