Motley Fool Wealth Management LLC Has $13.86 Million Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Motley Fool Wealth Management LLC lessened its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 288,817 shares of the company’s stock after selling 5,042 shares during the period. Motley Fool Wealth Management LLC’s holdings in DoubleLine Mortgage ETF were worth $13,864,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Lord & Richards Wealth Management LLC bought a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $274,000. Parallel Advisors LLC increased its stake in DoubleLine Mortgage ETF by 1,089.2% during the 4th quarter. Parallel Advisors LLC now owns 7,730 shares of the company’s stock worth $372,000 after purchasing an additional 7,080 shares in the last quarter. Orion Portfolio Solutions LLC raised its holdings in DoubleLine Mortgage ETF by 10.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after buying an additional 722 shares during the period. Canandaigua National Trust Co of Florida bought a new position in DoubleLine Mortgage ETF in the fourth quarter valued at approximately $545,000. Finally, Maripau Wealth Management LLC boosted its holdings in shares of DoubleLine Mortgage ETF by 21.2% in the fourth quarter. Maripau Wealth Management LLC now owns 13,105 shares of the company’s stock valued at $630,000 after buying an additional 2,296 shares during the period.

DoubleLine Mortgage ETF Price Performance

Shares of DMBS stock opened at $48.83 on Wednesday. DoubleLine Mortgage ETF has a 12-month low of $47.00 and a 12-month high of $50.71. The firm has a fifty day moving average of $48.56 and a 200-day moving average of $48.86.

About DoubleLine Mortgage ETF

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.