W.G. Shaheen & Associates DBA Whitney & Co lifted its stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 5.7% during the first quarter, Holdings Channel reports. The firm owned 197,487 shares of the company’s stock after purchasing an additional 10,738 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in DoubleLine Mortgage ETF were worth $9,752,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of DoubleLine Mortgage ETF in the 1st quarter valued at $569,000. Flow Traders U.S. LLC acquired a new stake in DoubleLine Mortgage ETF during the 2nd quarter worth about $205,000. MML Investors Services LLC raised its holdings in DoubleLine Mortgage ETF by 18.5% during the 2nd quarter. MML Investors Services LLC now owns 83,867 shares of the company’s stock worth $4,115,000 after buying an additional 13,120 shares during the period. Puff Wealth Management LLC lifted its stake in DoubleLine Mortgage ETF by 77.5% during the second quarter. Puff Wealth Management LLC now owns 25,792 shares of the company’s stock valued at $1,266,000 after buying an additional 11,261 shares in the last quarter. Finally, Comerica Bank purchased a new stake in DoubleLine Mortgage ETF during the third quarter valued at about $689,000.
DoubleLine Mortgage ETF Trading Down 0.1%
Shares of DMBS opened at $48.67 on Friday. DoubleLine Mortgage ETF has a one year low of $48.19 and a one year high of $50.54. The company has a 50-day moving average of $48.88 and a two-hundred day moving average of $49.41.
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.
Further Reading
- Five stocks we like better than DoubleLine Mortgage ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
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).
Receive News & Ratings for DoubleLine Mortgage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Mortgage ETF and related companies with MarketBeat.com's FREE daily email newsletter.
