Paladin Wealth LLC Purchases 16,220 Shares of DoubleLine Mortgage ETF $DMBS

Paladin Wealth LLC boosted its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 14.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 125,458 shares of the company’s stock after acquiring an additional 16,220 shares during the period. DoubleLine Mortgage ETF accounts for 3.6% of Paladin Wealth LLC’s portfolio, making the stock its 2nd largest position. Paladin Wealth LLC’s holdings in DoubleLine Mortgage ETF were worth $6,159,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in DoubleLine Mortgage ETF in the first quarter worth about $569,000. Flow Traders U.S. LLC acquired a new position in DoubleLine Mortgage ETF during the 2nd quarter valued at about $205,000. MML Investors Services LLC boosted its stake in shares of DoubleLine Mortgage ETF by 18.5% in the 2nd quarter. MML Investors Services LLC now owns 83,867 shares of the company’s stock valued at $4,115,000 after purchasing an additional 13,120 shares during the last quarter. Puff Wealth Management LLC boosted its stake in shares of DoubleLine Mortgage ETF by 77.5% in the 2nd quarter. Puff Wealth Management LLC now owns 25,792 shares of the company’s stock valued at $1,266,000 after purchasing an additional 11,261 shares during the last quarter. Finally, Comerica Bank bought a new position in shares of DoubleLine Mortgage ETF in the 3rd quarter valued at about $689,000.

DoubleLine Mortgage ETF Trading Down 0.5%

Shares of NYSEARCA:DMBS opened at $48.13 on Tuesday. The company has a 50 day moving average of $48.71 and a 200-day moving average of $49.24. DoubleLine Mortgage ETF has a one year low of $48.07 and a one year high of $50.54.

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.