Tortoise Investment Management LLC cut its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 39.3% during the second quarter, HoldingsChannel.com reports. The firm owned 19,336 shares of the company’s stock after selling 12,517 shares during the period. Tortoise Investment Management LLC’s holdings in DoubleLine Mortgage ETF were worth $949,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of DMBS. Advocacy Wealth Management LLC bought a new position in DoubleLine Mortgage ETF in the fourth quarter worth $48,488,000. Captrust Financial Advisors acquired a new position in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $46,036,000. Cambridge Associates LLC MA ADV acquired a new position in shares of DoubleLine Mortgage ETF in the 4th quarter valued at $20,302,000. Compound Planning Inc. lifted its holdings in shares of DoubleLine Mortgage ETF by 1,467.1% during the 4th quarter. Compound Planning Inc. now owns 272,928 shares of the company’s stock worth $13,552,000 after acquiring an additional 255,512 shares during the period. Finally, Mariner LLC bought a new position in shares of DoubleLine Mortgage ETF during the 4th quarter worth about $8,293,000.
DoubleLine Mortgage ETF Trading Down 0.3%
Shares of DoubleLine Mortgage ETF stock opened at $47.67 on Thursday. The firm’s 50-day simple moving average is $48.35 and its 200-day simple moving average is $48.96. DoubleLine Mortgage ETF has a twelve month low of $47.61 and a twelve month high of $50.54.
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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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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