DoubleLine Multi-Sector Income ETF $DMX Stock Position Lifted by Hippocratic Financial Advisors LLC

Hippocratic Financial Advisors LLC boosted its position in shares of DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) by 10.2% in the third quarter, HoldingsChannel reports. The fund owned 477,047 shares of the company’s stock after purchasing an additional 44,156 shares during the quarter. DoubleLine Multi-Sector Income ETF makes up 11.6% of Hippocratic Financial Advisors LLC’s portfolio, making the stock its 4th largest position. Hippocratic Financial Advisors LLC owned 0.44% of DoubleLine Multi-Sector Income ETF worth $24,189,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DMX. Jane Street Group LLC acquired a new position in shares of DoubleLine Multi-Sector Income ETF during the first quarter worth $360,000. Seascape Capital Management grew its stake in DoubleLine Multi-Sector Income ETF by 252.3% during the 2nd quarter. Seascape Capital Management now owns 88,233 shares of the company’s stock worth $4,450,000 after buying an additional 63,187 shares during the last quarter. Foundations Investment Advisors LLC increased its position in DoubleLine Multi-Sector Income ETF by 241.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 134,630 shares of the company’s stock valued at $6,791,000 after buying an additional 95,158 shares in the last quarter. Finally, Intrepid Financial Planning Group LLC purchased a new stake in DoubleLine Multi-Sector Income ETF in the second quarter valued at about $402,000.

DoubleLine Multi-Sector Income ETF Stock Performance

Shares of DMX stock opened at $50.63 on Monday. DoubleLine Multi-Sector Income ETF has a fifty-two week low of $48.45 and a fifty-two week high of $50.87. The stock’s 50-day simple moving average is $50.49 and its 200-day simple moving average is $50.46.

About DoubleLine Multi-Sector Income ETF

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.