Hobbs Group Advisors LLC Has $4.21 Million Stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Hobbs Group Advisors LLC lifted its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 53.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,504 shares of the company’s stock after buying an additional 30,305 shares during the period. DoubleLine Mortgage ETF comprises about 1.6% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Hobbs Group Advisors LLC owned 1.39% of DoubleLine Mortgage ETF worth $4,209,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Congress Wealth Management LLC DE grew its position in DoubleLine Mortgage ETF by 9.8% in the fourth 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 in the last quarter. Parallel Advisors LLC boosted its stake in shares of DoubleLine Mortgage ETF by 1,089.2% during the 4th quarter. Parallel Advisors LLC now owns 7,730 shares of the company’s stock worth $372,000 after buying an additional 7,080 shares during the last quarter. Cushing Capital Partners LLC bought a new position in shares of DoubleLine Mortgage ETF in the 4th quarter valued at about $2,383,000. Maripau Wealth Management LLC increased its position in shares of 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 raised its holdings in DoubleLine Mortgage ETF by 3.5% during the fourth 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 in the last quarter.

DoubleLine Mortgage ETF Stock Performance

DMBS stock opened at $48.98 on Friday. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71. The business has a 50 day moving average price of $48.61 and a two-hundred day moving average price of $48.85.

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.