TPG Financial Advisors LLC Takes Position in DoubleLine Mortgage ETF $DMBS

TPG Financial Advisors LLC purchased a new stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 199,230 shares of the company’s stock, valued at approximately $9,776,000. DoubleLine Mortgage ETF comprises approximately 3.9% of TPG Financial Advisors LLC’s portfolio, making the stock its 7th biggest holding. TPG Financial Advisors LLC owned approximately 2.04% of DoubleLine Mortgage ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC boosted its position in shares of DoubleLine Mortgage ETF by 766.3% during the 1st quarter. Larson Financial Group LLC now owns 1,386 shares of the company’s stock valued at $68,000 after acquiring an additional 1,226 shares during the last quarter. SCS Capital Management LLC acquired a new position in shares of DoubleLine Mortgage ETF during the 1st quarter valued at about $258,000. Latitude Advisors LLC boosted its position in shares of DoubleLine Mortgage ETF by 29.6% during the 1st quarter. Latitude Advisors LLC now owns 7,455 shares of the company’s stock valued at $366,000 after acquiring an additional 1,704 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of DoubleLine Mortgage ETF during the 1st quarter valued at about $569,000. Finally, Canandaigua National Trust Co of Florida acquired a new position in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at about $575,000.

DoubleLine Mortgage ETF Price Performance

Shares of DMBS stock opened at $49.67 on Wednesday. The company’s 50-day moving average price is $49.46 and its 200-day moving average price is $48.84. DoubleLine Mortgage ETF has a twelve month low of $46.84 and a twelve month high of $50.21.

DoubleLine Mortgage ETF 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.