Citadel Advisors LLC lowered its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 92.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,518 shares of the company’s stock after selling 205,235 shares during the period. Citadel Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $860,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Root Financial Partners LLC bought a new position in DoubleLine Mortgage ETF in the first quarter valued at about $48,000. Royal Bank of Canada acquired a new position in DoubleLine Mortgage ETF in the 1st quarter valued at approximately $51,000. Compass Financial Management LLC acquired a new position in DoubleLine Mortgage ETF in the 2nd quarter valued at approximately $60,000. Sound Income Strategies LLC bought a new position in shares of DoubleLine Mortgage ETF during the first quarter valued at $101,000. Finally, Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of DoubleLine Mortgage ETF during the first quarter worth $203,000.
DoubleLine Mortgage ETF Stock Down 0.1%
Shares of NYSEARCA:DMBS opened at $47.30 on Friday. DoubleLine Mortgage ETF has a 12-month low of $47.28 and a 12-month high of $50.54. The business has a fifty day simple moving average of $48.28 and a 200 day simple moving average of $48.93.
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.
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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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