Oregon Pacific Wealth Management LLC increased its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 203.8% in the first quarter, HoldingsChannel.com reports. The fund owned 76,988 shares of the company’s stock after buying an additional 51,648 shares during the period. DoubleLine Mortgage ETF comprises approximately 4.0% of Oregon Pacific Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Oregon Pacific Wealth Management LLC’s holdings in DoubleLine Mortgage ETF were worth $3,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ritholtz Wealth Management purchased a new stake in DoubleLine Mortgage ETF during the 1st quarter valued at about $2,116,000. Paladin Wealth LLC raised its stake in shares of DoubleLine Mortgage ETF by 11.4% in the first quarter. Paladin Wealth LLC now owns 109,238 shares of the company’s stock worth $5,394,000 after purchasing an additional 11,170 shares during the last quarter. World Investment Advisors acquired a new stake in shares of DoubleLine Mortgage ETF during the fourth quarter worth about $1,311,000. Compass Financial Group Inc. Ohio acquired a new stake in shares of DoubleLine Mortgage ETF during the fourth quarter worth about $4,733,000. Finally, Astoria Portfolio Advisors LLC. boosted its position in DoubleLine Mortgage ETF by 108.9% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 318,868 shares of the company’s stock valued at $16,043,000 after buying an additional 166,243 shares during the last quarter.
DoubleLine Mortgage ETF Stock Performance
Shares of NYSEARCA:DMBS opened at $49.31 on Monday. DoubleLine Mortgage ETF has a twelve month low of $48.19 and a twelve month high of $50.54. The company’s 50 day moving average is $49.05 and its 200 day moving average is $49.49.
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.
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Want to see what other hedge funds are holding DMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report).
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