DoubleLine Asset-Backed Securities ETF $DABS Shares Bought by Mattson Financial Services LLC

Mattson Financial Services LLC boosted its stake in shares of DoubleLine Asset-Backed Securities ETF (NYSEARCA:DABS) by 4.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 71,967 shares of the company’s stock after purchasing an additional 3,196 shares during the period. DoubleLine Asset-Backed Securities ETF makes up approximately 1.0% of Mattson Financial Services LLC’s portfolio, making the stock its 28th biggest holding. Mattson Financial Services LLC owned 6.54% of DoubleLine Asset-Backed Securities ETF worth $3,648,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in DABS. Basso Capital Management L.P. acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 1st quarter worth about $109,000. Flow Traders U.S. LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 1st quarter worth about $372,000. Jane Street Group LLC acquired a new stake in DoubleLine Asset-Backed Securities ETF during the 1st quarter worth about $3,191,000. Gradient Investments LLC grew its position in shares of DoubleLine Asset-Backed Securities ETF by 3.7% during the 2nd quarter. Gradient Investments LLC now owns 956,788 shares of the company’s stock valued at $48,503,000 after acquiring an additional 34,350 shares during the period. Finally, Paladin Wealth LLC acquired a new stake in shares of DoubleLine Asset-Backed Securities ETF during the 2nd quarter valued at about $1,733,000.

DoubleLine Asset-Backed Securities ETF Stock Performance

NYSEARCA:DABS opened at $51.20 on Friday. DoubleLine Asset-Backed Securities ETF has a 52 week low of $49.49 and a 52 week high of $54.15. The stock’s 50-day moving average price is $50.95 and its 200-day moving average price is $50.46.

DoubleLine Asset-Backed Securities ETF Profile

The Doubleline ABS ETF (DABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest broadly in asset-backed, fixed income securities denominated in USD from both private and government sectors. The ETF targets an average duration of 1-6 years and mainly investment grade securities.