Paladin Wealth LLC boosted its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 138.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,110 shares of the company’s stock after buying an additional 37,793 shares during the period. DoubleLine Mortgage ETF makes up about 2.7% of Paladin Wealth LLC’s holdings, making the stock its 5th biggest position. Paladin Wealth LLC owned approximately 1.03% of DoubleLine Mortgage ETF worth $3,132,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of DMBS. SeaBridge Investment Advisors LLC boosted its stake in shares of DoubleLine Mortgage ETF by 1.2% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 26,890 shares of the company’s stock valued at $1,293,000 after buying an additional 331 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of 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 purchasing an additional 722 shares in the last quarter. Peterson Financial Group Inc. purchased a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter worth $129,000. Maripau Wealth Management LLC grew its stake in shares of DoubleLine Mortgage ETF by 32.8% during the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after purchasing an additional 2,668 shares during the period. Finally, Sugarloaf Wealth Management LLC increased its holdings in shares of DoubleLine Mortgage ETF by 4.6% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 62,531 shares of the company’s stock valued at $3,008,000 after purchasing an additional 2,722 shares in the last quarter.
DoubleLine Mortgage ETF Price Performance
DMBS stock opened at $48.34 on Tuesday. The company’s 50-day moving average price is $48.24 and its 200 day moving average price is $49.09. DoubleLine Mortgage ETF has a 52 week low of $47.00 and a 52 week high of $50.71.
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.
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