Motley Fool Wealth Management LLC cut its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 3.7% in the third quarter, Holdings Channel.com reports. The fund owned 293,859 shares of the company’s stock after selling 11,289 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in DoubleLine Mortgage ETF were worth $14,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the stock. ORG Partners LLC purchased a new position in DoubleLine Mortgage ETF during the 2nd quarter worth approximately $46,000. Peterson Financial Group Inc. purchased a new stake in DoubleLine Mortgage ETF in the third quarter valued at approximately $129,000. AlphaStar Capital Management LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the second quarter valued at approximately $249,000. Latitude Advisors LLC purchased a new position in shares of DoubleLine Mortgage ETF during the third quarter worth approximately $300,000. Finally, Maripau Wealth Management LLC increased its holdings in shares of DoubleLine Mortgage ETF by 32.8% in the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock valued at $545,000 after acquiring an additional 2,668 shares during the period.
DoubleLine Mortgage ETF Stock Performance
NYSEARCA DMBS opened at $48.89 on Wednesday. DoubleLine Mortgage ETF has a one year low of $47.00 and a one year high of $50.71. The firm’s fifty day moving average is $49.16 and its two-hundred day moving average is $49.11.
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.
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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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