Tortoise Investment Management LLC grew its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 10.4% during the 4th quarter, HoldingsChannel reports. The firm owned 445,735 shares of the company’s stock after buying an additional 42,095 shares during the quarter. DoubleLine Mortgage ETF accounts for about 1.9% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 10th biggest holding. Tortoise Investment Management LLC’s holdings in DoubleLine Mortgage ETF were worth $22,133,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in DoubleLine Mortgage ETF in the 2nd quarter worth approximately $205,000. Susquehanna International Group LLP purchased a new stake in DoubleLine Mortgage ETF in the 3rd quarter worth approximately $211,000. Prime Capital Investment Advisors LLC purchased a new stake in DoubleLine Mortgage ETF in the 3rd quarter worth approximately $250,000. Argus Investors Counsel Inc. purchased a new stake in DoubleLine Mortgage ETF in the 4th quarter worth approximately $260,000. Finally, Financial Guidance Group Inc. purchased a new stake in DoubleLine Mortgage ETF in the 4th quarter worth approximately $335,000.
DoubleLine Mortgage ETF Trading Down 0.1%
Shares of NYSEARCA:DMBS opened at $48.50 on Tuesday. DoubleLine Mortgage ETF has a 1 year low of $47.74 and a 1 year high of $50.54. The business’s 50 day moving average price is $49.36 and its 200-day moving average price is $49.67.
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.
Featured Stories
- Five stocks we like better than DoubleLine Mortgage ETF
- Why Applied Optoelectronics Stock May Be Near a Turning Point
- From High-Yield to High-Growth: 3 Stocks Boosting Dividends
- Is Everspin Technologies the Next AI Edge Breakout?
- 5 Robotics Stocks to Watch as Physical AI Builds Momentum
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).
Receive News & Ratings for DoubleLine Mortgage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Mortgage ETF and related companies with MarketBeat.com's FREE daily email newsletter.
