Motley Fool Wealth Management LLC Sells 5,042 Shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Motley Fool Wealth Management LLC decreased its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 288,817 shares of the company’s stock after selling 5,042 shares during the period. Motley Fool Wealth Management LLC owned 4.58% of DoubleLine Mortgage ETF worth $13,864,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Congress Wealth Management LLC DE boosted its stake in shares of DoubleLine Mortgage ETF by 9.8% in the 4th quarter. Congress Wealth Management LLC DE now owns 551,338 shares of the company’s stock valued at $26,519,000 after purchasing an additional 48,980 shares during the last quarter. Parallel Advisors LLC lifted its holdings in DoubleLine Mortgage ETF by 1,089.2% in the fourth quarter. Parallel Advisors LLC now owns 7,730 shares of the company’s stock valued at $372,000 after buying an additional 7,080 shares during the period. Cushing Capital Partners LLC acquired a new position in DoubleLine Mortgage ETF in the fourth quarter valued at approximately $2,383,000. Maripau Wealth Management LLC boosted its stake in DoubleLine Mortgage ETF by 21.2% in the fourth quarter. Maripau Wealth Management LLC now owns 13,105 shares of the company’s stock valued at $630,000 after acquiring an additional 2,296 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY grew its holdings in DoubleLine Mortgage ETF by 3.5% during the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 903,759 shares of the company’s stock worth $43,471,000 after acquiring an additional 30,231 shares during the period.

DoubleLine Mortgage ETF Price Performance

DMBS stock opened at $48.83 on Wednesday. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71. The business’s fifty day moving average is $48.56 and its 200-day moving average is $48.86.

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.