Peterson Financial Group Inc. purchased a new position in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 2,567 shares of the company’s stock, valued at approximately $129,000.
Several other institutional investors also recently modified their holdings of DMBS. ORG Partners LLC bought a new stake in DoubleLine Mortgage ETF during the 2nd quarter valued at about $46,000. AlphaStar Capital Management LLC bought a new stake in DoubleLine Mortgage ETF during the 2nd quarter valued at about $249,000. Latitude Advisors LLC bought a new stake in DoubleLine Mortgage ETF during the 3rd quarter valued at about $300,000. Maripau Wealth Management LLC increased its stake in DoubleLine Mortgage ETF by 32.8% during the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock valued at $545,000 after purchasing an additional 2,668 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC increased its stake in DoubleLine Mortgage ETF by 12.6% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 21,393 shares of the company’s stock valued at $1,032,000 after purchasing an additional 2,391 shares in the last quarter.
DoubleLine Mortgage ETF Stock Down 0.2 %
Shares of NYSEARCA DMBS opened at $48.40 on Friday. The firm’s 50-day moving average price is $49.55 and its 200-day moving average price is $49.03. DoubleLine Mortgage ETF has a 52-week low of $47.00 and a 52-week high of $50.71.
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.
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