SeaBridge Investment Advisors LLC Has $1.29 Million Stock Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

SeaBridge Investment Advisors LLC raised its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 1.2% in the 4th quarter, HoldingsChannel reports. The fund owned 26,890 shares of the company’s stock after buying an additional 331 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $1,293,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. AMI Investment Management Inc. increased its holdings in shares of DoubleLine Mortgage ETF by 0.7% in the third quarter. AMI Investment Management Inc. now owns 211,126 shares of the company’s stock valued at $10,639,000 after purchasing an additional 1,396 shares in the last quarter. Paladin Wealth LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the 3rd quarter valued at $1,377,000. Park Avenue Securities LLC bought a new stake in shares of DoubleLine Mortgage ETF during the third quarter worth $15,557,000. Foundations Investment Advisors LLC lifted its stake in shares of DoubleLine Mortgage ETF by 743.1% during the third quarter. Foundations Investment Advisors LLC now owns 204,038 shares of the company’s stock valued at $10,281,000 after acquiring an additional 179,837 shares during the period. Finally, Advocacy Wealth Management Services LLC boosted its holdings in DoubleLine Mortgage ETF by 1.3% in the third quarter. Advocacy Wealth Management Services LLC now owns 812,207 shares of the company’s stock valued at $40,927,000 after acquiring an additional 10,309 shares during the last quarter.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA:DMBS opened at $48.28 on Friday. DoubleLine Mortgage ETF has a 1-year low of $47.00 and a 1-year high of $50.71. The business has a 50-day moving average price of $48.31 and a two-hundred day moving average price of $49.10.

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.