Savvy Advisors Inc. Acquires Shares of 109,228 DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Savvy Advisors Inc. bought a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 109,228 shares of the company’s stock, valued at approximately $5,254,000. DoubleLine Mortgage ETF makes up approximately 0.6% of Savvy Advisors Inc.’s investment portfolio, making the stock its 28th largest position. Savvy Advisors Inc. owned about 1.73% of DoubleLine Mortgage ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Gradient Investments LLC boosted its holdings in DoubleLine Mortgage ETF by 75.6% in the 4th quarter. Gradient Investments LLC now owns 2,260,404 shares of the company’s stock worth $108,725,000 after buying an additional 973,485 shares during the last quarter. Cobblestone Capital Advisors LLC NY boosted its stake in shares of DoubleLine Mortgage ETF by 3.5% in the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 903,759 shares of the company’s stock worth $43,471,000 after acquiring an additional 30,231 shares during the last quarter. Congress Wealth Management LLC DE boosted its stake in shares of DoubleLine Mortgage ETF by 9.8% in the fourth quarter. Congress Wealth Management LLC DE now owns 551,338 shares of the company’s stock worth $26,519,000 after acquiring an additional 48,980 shares during the last quarter. Legacy CG LLC increased its position in shares of DoubleLine Mortgage ETF by 6.0% during the fourth quarter. Legacy CG LLC now owns 282,463 shares of the company’s stock worth $13,586,000 after purchasing an additional 16,002 shares in the last quarter. Finally, AMI Investment Management Inc. raised its stake in DoubleLine Mortgage ETF by 12.9% in the 4th quarter. AMI Investment Management Inc. now owns 238,269 shares of the company’s stock valued at $11,461,000 after purchasing an additional 27,143 shares during the last quarter.

DoubleLine Mortgage ETF Stock Down 0.5 %

Shares of DMBS opened at $47.83 on Friday. DoubleLine Mortgage ETF has a 52-week low of $46.84 and a 52-week high of $50.71. The firm’s fifty day moving average is $48.74 and its two-hundred day moving average is $48.69.

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.