World Investment Advisors bought a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm bought 26,412 shares of the company’s stock, valued at approximately $1,311,000.
Several other institutional investors have also recently added to or reduced their stakes in DMBS. Flow Traders U.S. LLC acquired a new position in DoubleLine Mortgage ETF in the second quarter valued at approximately $205,000. Susquehanna International Group LLP acquired a new stake in DoubleLine Mortgage ETF during the third quarter worth approximately $211,000. Huntington National Bank acquired a new stake in DoubleLine Mortgage ETF during the fourth quarter worth approximately $218,000. Guardian Wealth Advisors LLC NC raised its holdings in DoubleLine Mortgage ETF by 6.8% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 4,818 shares of the company’s stock worth $239,000 after purchasing an additional 306 shares in the last quarter. Finally, Argus Investors Counsel Inc. purchased a new stake in shares of DoubleLine Mortgage ETF during the 4th quarter worth approximately $260,000.
DoubleLine Mortgage ETF Stock Performance
Shares of NYSEARCA:DMBS opened at $49.00 on Friday. The firm has a 50 day simple moving average of $49.09 and a 200-day simple moving average of $49.51. DoubleLine Mortgage ETF has a twelve month low of $48.19 and a twelve month high of $50.54.
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.
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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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