Motley Fool Wealth Management LLC Sells 28,266 Shares of DoubleLine Mortgage ETF $DMBS

Motley Fool Wealth Management LLC lessened its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 12.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 205,476 shares of the company’s stock after selling 28,266 shares during the period. Motley Fool Wealth Management LLC’s holdings in DoubleLine Mortgage ETF were worth $10,203,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in DMBS. Flow Traders U.S. LLC bought a new position in DoubleLine Mortgage ETF in the 2nd quarter valued at approximately $205,000. Susquehanna International Group LLP bought a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at approximately $211,000. Huntington National Bank bought a new position in DoubleLine Mortgage ETF in the 4th quarter valued at approximately $218,000. Prime Capital Investment Advisors LLC bought a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at approximately $250,000. Finally, Argus Investors Counsel Inc. bought a new position in DoubleLine Mortgage ETF in the 4th quarter valued at approximately $260,000.

DoubleLine Mortgage ETF Trading Up 0.2%

Shares of NYSEARCA DMBS opened at $48.72 on Wednesday. The company has a 50 day simple moving average of $49.14 and a 200 day simple moving average of $49.57. DoubleLine Mortgage ETF has a 1 year low of $48.14 and a 1 year high of $50.54.

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.