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

Parallel Advisors LLC boosted its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 1,089.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,730 shares of the company’s stock after purchasing an additional 7,080 shares during the quarter. Parallel Advisors LLC owned about 0.12% of DoubleLine Mortgage ETF worth $372,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Lord & Richards Wealth Management LLC bought a new stake in shares of DoubleLine Mortgage ETF in the fourth quarter valued at approximately $274,000. Orion Portfolio Solutions LLC boosted its holdings in DoubleLine Mortgage ETF by 10.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock valued at $392,000 after purchasing an additional 722 shares during the period. Canandaigua National Trust Co of Florida acquired a new stake in DoubleLine Mortgage ETF in the 4th quarter worth $545,000. Maripau Wealth Management LLC increased its holdings in shares of DoubleLine Mortgage ETF by 21.2% during the 4th quarter. Maripau Wealth Management LLC now owns 13,105 shares of the company’s stock worth $630,000 after purchasing an additional 2,296 shares during the period. Finally, Puff Wealth Management LLC acquired a new position in shares of DoubleLine Mortgage ETF during the fourth quarter valued at about $691,000.

DoubleLine Mortgage ETF Trading Down 0.1 %

NYSEARCA DMBS opened at $49.00 on Friday. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71. The firm has a 50-day simple moving average of $48.50 and a 200 day simple moving average of $48.90.

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.