Foundations Investment Advisors LLC Increases Position in DoubleLine Mortgage ETF $DMBS

Foundations Investment Advisors LLC increased its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 33.6% in the 4th quarter, Holdings Channel reports. The fund owned 576,507 shares of the company’s stock after buying an additional 145,142 shares during the quarter. Foundations Investment Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $28,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Waterloo Capital L.P. grew its position in DoubleLine Mortgage ETF by 6.7% in the third quarter. Waterloo Capital L.P. now owns 6,992 shares of the company’s stock worth $347,000 after acquiring an additional 436 shares in the last quarter. Howard Bailey Securities LLC grew its position in DoubleLine Mortgage ETF by 7.0% in the third quarter. Howard Bailey Securities LLC now owns 14,392 shares of the company’s stock worth $715,000 after acquiring an additional 942 shares in the last quarter. Aptus Capital Advisors LLC grew its position in DoubleLine Mortgage ETF by 9.0% in the third quarter. Aptus Capital Advisors LLC now owns 14,453 shares of the company’s stock worth $718,000 after acquiring an additional 1,196 shares in the last quarter. Latitude Advisors LLC grew its position in DoubleLine Mortgage ETF by 26.9% in the fourth quarter. Latitude Advisors LLC now owns 8,688 shares of the company’s stock worth $431,000 after acquiring an additional 1,844 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its position in DoubleLine Mortgage ETF by 45.2% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 7,294 shares of the company’s stock worth $362,000 after acquiring an additional 2,269 shares in the last quarter.

DoubleLine Mortgage ETF Trading Up 0.1%

Shares of NYSEARCA:DMBS opened at $48.97 on Thursday. DoubleLine Mortgage ETF has a 52-week low of $47.96 and a 52-week high of $50.54. The firm has a fifty day moving average of $49.21 and a 200 day moving average of $49.62.

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.