DoubleLine Mortgage ETF (NYSEARCA:DMBS) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 134.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 109,383 shares of the company’s stock after acquiring an additional 62,691 shares during the period. Farther Finance Advisors LLC owned approximately 1.74% of DoubleLine Mortgage ETF worth $5,512,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DMBS. Maripau Wealth Management LLC boosted its position in shares of DoubleLine Mortgage ETF by 32.8% during the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after purchasing an additional 2,668 shares during the period. Foundations Investment Advisors LLC boosted its position in shares of DoubleLine Mortgage ETF by 743.1% during the 3rd quarter. Foundations Investment Advisors LLC now owns 204,038 shares of the company’s stock worth $10,281,000 after purchasing an additional 179,837 shares during the period. Paladin Wealth LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $1,377,000. AMI Investment Management Inc. boosted its position in shares of DoubleLine Mortgage ETF by 0.7% during the 3rd quarter. AMI Investment Management Inc. now owns 211,126 shares of the company’s stock worth $10,639,000 after purchasing an additional 1,396 shares during the period. Finally, Park Avenue Securities LLC purchased a new position in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $15,557,000.

DoubleLine Mortgage ETF Stock Down 0.3 %

NYSEARCA:DMBS opened at $48.37 on Friday. The company has a 50 day moving average price of $49.86 and a 200 day moving average price of $48.93. DoubleLine Mortgage ETF has a fifty-two week low of $46.37 and a fifty-two week high of $50.71.

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.