Signal Advisors Wealth LLC Has $920,000 Stock Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Signal Advisors Wealth LLC raised its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 77.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,136 shares of the company’s stock after purchasing an additional 8,327 shares during the quarter. Signal Advisors Wealth LLC owned approximately 0.30% of DoubleLine Mortgage ETF worth $920,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter valued at about $129,000. Latitude Advisors LLC bought a new position in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $300,000. Orion Portfolio Solutions LLC grew its position in shares of DoubleLine Mortgage ETF by 10.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after buying an additional 722 shares during the period. Maripau Wealth Management LLC increased its stake 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 in the last quarter. Finally, Canandaigua National Trust Co of Florida acquired a new position in shares of DoubleLine Mortgage ETF during the 4th quarter valued at $545,000.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA:DMBS opened at $47.42 on Wednesday. DoubleLine Mortgage ETF has a 12 month low of $47.00 and a 12 month high of $50.71. The firm has a fifty day simple moving average of $48.42 and a two-hundred day simple moving average of $49.13.

DoubleLine Mortgage ETF 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.