Howard Bailey Securities LLC Reduces Holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Howard Bailey Securities LLC reduced its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 3.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 19,164 shares of the company’s stock after selling 682 shares during the period. Howard Bailey Securities LLC’s holdings in DoubleLine Mortgage ETF were worth $922,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Peterson Financial Group Inc. acquired a new position in shares of DoubleLine Mortgage ETF in the third quarter worth about $129,000. Latitude Advisors LLC purchased a new stake in DoubleLine Mortgage ETF during the 3rd quarter worth approximately $300,000. Orion Portfolio Solutions LLC increased its holdings in DoubleLine Mortgage ETF by 10.2% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after purchasing an additional 722 shares during the last quarter. Maripau Wealth Management LLC raised its position in shares of DoubleLine Mortgage ETF by 32.8% in 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, Canandaigua National Trust Co of Florida purchased a new position in shares of DoubleLine Mortgage ETF during the 4th quarter valued at approximately $545,000.

DoubleLine Mortgage ETF Price Performance

DMBS stock opened at $47.99 on Thursday. The firm has a 50 day simple moving average of $48.20 and a 200-day simple moving average of $49.08. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71.

About DoubleLine Mortgage ETF

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.