Evergreen Capital Management LLC purchased a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 254,101 shares of the company’s stock, valued at approximately $12,222,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savvy Advisors Inc. acquired a new stake in shares of DoubleLine Mortgage ETF during the 4th quarter valued at $5,254,000. Hobbs Group Advisors LLC grew its stake in DoubleLine Mortgage ETF by 53.0% in the fourth quarter. Hobbs Group Advisors LLC now owns 87,504 shares of the company’s stock valued at $4,209,000 after purchasing an additional 30,305 shares in the last quarter. Congress Wealth Management LLC DE increased its position in DoubleLine Mortgage ETF by 9.8% in the 4th quarter. Congress Wealth Management LLC DE now owns 551,338 shares of the company’s stock worth $26,519,000 after purchasing an additional 48,980 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of 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. Finally, Cushing Capital Partners LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 4th quarter valued at about $2,383,000.
DoubleLine Mortgage ETF Stock Performance
NYSEARCA:DMBS opened at $48.46 on Wednesday. The stock’s 50 day moving average price is $48.73 and its 200 day moving average price is $48.67. DoubleLine Mortgage ETF has a 52 week low of $46.84 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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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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