Advocacy Wealth Management Services LLC lifted its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 1.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 812,207 shares of the company’s stock after buying an additional 10,309 shares during the quarter. DoubleLine Mortgage ETF makes up about 3.2% of Advocacy Wealth Management Services LLC’s investment portfolio, making the stock its 11th largest position. Advocacy Wealth Management Services LLC owned about 12.89% of DoubleLine Mortgage ETF worth $40,927,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Motley Fool Wealth Management LLC bought a new stake in DoubleLine Mortgage ETF during the 1st quarter valued at about $1,552,000. Sugarloaf Wealth Management LLC increased its stake in shares of DoubleLine Mortgage ETF by 5.1% in the second quarter. Sugarloaf Wealth Management LLC now owns 62,256 shares of the company’s stock worth $3,004,000 after acquiring an additional 3,024 shares during the period. ORG Partners LLC acquired a new stake in DoubleLine Mortgage ETF during the second quarter worth about $46,000. Legacy CG LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at about $12,090,000. Finally, AMI Investment Management Inc. grew its position in shares of DoubleLine Mortgage ETF by 6.2% in the second quarter. AMI Investment Management Inc. now owns 209,730 shares of the company’s stock valued at $10,119,000 after purchasing an additional 12,259 shares during the period.
DoubleLine Mortgage ETF Trading Up 0.8 %
Shares of NYSEARCA DMBS opened at $48.78 on Friday. The firm has a 50-day simple moving average of $49.74 and a 200-day simple moving average of $48.97. DoubleLine Mortgage ETF has a 52 week low of $46.45 and a 52 week high of $50.71.
DoubleLine Mortgage ETF Company 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.
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