Foundations Investment Advisors LLC boosted its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 743.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 204,038 shares of the company’s stock after acquiring an additional 179,837 shares during the quarter. Foundations Investment Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $10,281,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of DMBS. ORG Partners LLC acquired a new position in DoubleLine Mortgage ETF during the 2nd quarter valued at about $46,000. AlphaStar Capital Management LLC bought a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter worth approximately $249,000. SeaBridge Investment Advisors LLC boosted its stake in shares of DoubleLine Mortgage ETF by 4.5% in the 1st quarter. SeaBridge Investment Advisors LLC now owns 19,002 shares of the company’s stock worth $925,000 after buying an additional 810 shares during the last quarter. Paladin Wealth LLC purchased a new stake in shares of DoubleLine Mortgage ETF during the third quarter valued at approximately $1,377,000. Finally, Motley Fool Wealth Management LLC bought a new stake in DoubleLine Mortgage ETF during the first quarter worth $1,552,000.
DoubleLine Mortgage ETF Stock Performance
Shares of NYSEARCA:DMBS opened at $49.09 on Tuesday. DoubleLine Mortgage ETF has a 1 year low of $45.27 and a 1 year high of $50.71. The business has a fifty day moving average price of $50.06 and a two-hundred day moving average price of $48.87.
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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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).
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