Paladin Wealth LLC lifted its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 14.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 125,458 shares of the company’s stock after purchasing an additional 16,220 shares during the period. DoubleLine Mortgage ETF accounts for about 3.6% of Paladin Wealth LLC’s portfolio, making the stock its 2nd largest position. Paladin Wealth LLC owned 0.87% of DoubleLine Mortgage ETF worth $6,159,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in DMBS. Root Financial Partners LLC acquired a new position in DoubleLine Mortgage ETF during the 1st quarter worth about $48,000. Royal Bank of Canada acquired a new stake in DoubleLine Mortgage ETF in the 1st quarter valued at about $51,000. Sound Income Strategies LLC acquired a new stake in DoubleLine Mortgage ETF in the 1st quarter valued at about $101,000. Walser Wealth Management Company A Ltd Liability Co bought a new position in shares of DoubleLine Mortgage ETF in the first quarter worth about $203,000. Finally, Flow Traders U.S. LLC bought a new position in shares of DoubleLine Mortgage ETF in the second quarter worth about $205,000.
DoubleLine Mortgage ETF Trading Down 0.5%
Shares of DMBS stock opened at $48.13 on Tuesday. DoubleLine Mortgage ETF has a 1 year low of $48.07 and a 1 year high of $50.54. The firm’s 50 day moving average is $48.71 and its 200-day moving average is $49.24.
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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