Parallel Advisors LLC Has $372,000 Stock Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Parallel Advisors LLC grew its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 1,089.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,730 shares of the company’s stock after buying an additional 7,080 shares during the quarter. Parallel Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $372,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. SeaBridge Investment Advisors LLC boosted its position in DoubleLine Mortgage ETF by 1.2% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 26,890 shares of the company’s stock worth $1,293,000 after acquiring an additional 331 shares during the last quarter. Orion Portfolio Solutions LLC boosted its holdings in DoubleLine Mortgage ETF by 10.2% during the third quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after purchasing an additional 722 shares during the last quarter. Maripau Wealth Management LLC grew its position in DoubleLine Mortgage ETF by 21.2% in the fourth quarter. Maripau Wealth Management LLC now owns 13,105 shares of the company’s stock valued at $630,000 after purchasing an additional 2,296 shares in the last quarter. Sugarloaf Wealth Management LLC increased its stake in DoubleLine Mortgage ETF by 4.6% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 62,531 shares of the company’s stock valued at $3,008,000 after buying an additional 2,722 shares during the last quarter. Finally, Lord & Richards Wealth Management LLC bought a new stake in DoubleLine Mortgage ETF during the 4th quarter worth about $274,000.

DoubleLine Mortgage ETF Stock Performance

Shares of NYSEARCA DMBS opened at $49.00 on Friday. The business has a 50-day moving average of $48.50 and a 200-day moving average of $48.90. DoubleLine Mortgage ETF has a fifty-two week low of $47.00 and a fifty-two week high of $50.71.

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.