Evergreen Capital Management LLC Buys 31,602 Shares of DoubleLine Mortgage ETF $DMBS

Evergreen Capital Management LLC increased its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 4.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 710,259 shares of the company’s stock after purchasing an additional 31,602 shares during the quarter. Evergreen Capital Management LLC’s holdings in DoubleLine Mortgage ETF were worth $32,892,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of DMBS. Gradient Investments LLC grew its holdings in DoubleLine Mortgage ETF by 0.3% during the second quarter. Gradient Investments LLC now owns 3,081,101 shares of the company’s stock valued at $151,250,000 after purchasing an additional 10,649 shares during the period. Advocacy Wealth Management LLC increased its position in DoubleLine Mortgage ETF by 3.5% in the second quarter. Advocacy Wealth Management LLC now owns 1,084,082 shares of the company’s stock worth $53,217,000 after buying an additional 36,507 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of DoubleLine Mortgage ETF by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 727,272 shares of the company’s stock valued at $35,913,000 after buying an additional 8,150 shares during the period. Brown Financial Advisors raised its stake in shares of DoubleLine Mortgage ETF by 6.5% in the second quarter. Brown Financial Advisors now owns 216,939 shares of the company’s stock valued at $10,649,000 after buying an additional 13,281 shares during the period. Finally, Hobbs Group Advisors LLC raised its stake in shares of DoubleLine Mortgage ETF by 4.5% in the first quarter. Hobbs Group Advisors LLC now owns 213,937 shares of the company’s stock valued at $10,564,000 after buying an additional 9,180 shares during the period.

DoubleLine Mortgage ETF Stock Down 0.2%

Shares of NYSEARCA DMBS opened at $46.94 on Friday. DoubleLine Mortgage ETF has a one year low of $45.86 and a one year high of $50.54. The business’s fifty day moving average price is $47.22 and its 200-day moving average price is $48.30.

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.