DoubleLine Mortgage ETF $DMBS Position Trimmed by Compound Planning Inc.

Compound Planning Inc. decreased its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 12.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 239,485 shares of the company’s stock after selling 33,443 shares during the quarter. Compound Planning Inc.’s holdings in DoubleLine Mortgage ETF were worth $11,826,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter valued at $569,000. Flow Traders U.S. LLC bought a new stake in shares of DoubleLine Mortgage ETF during the 2nd quarter worth $205,000. MML Investors Services LLC grew its holdings in shares of DoubleLine Mortgage ETF by 18.5% in the 2nd quarter. MML Investors Services LLC now owns 83,867 shares of the company’s stock worth $4,115,000 after acquiring an additional 13,120 shares during the last quarter. Puff Wealth Management LLC grew its holdings in shares of DoubleLine Mortgage ETF by 77.5% in the 2nd quarter. Puff Wealth Management LLC now owns 25,792 shares of the company’s stock worth $1,266,000 after acquiring an additional 11,261 shares during the last quarter. Finally, Comerica Bank acquired a new stake in shares of DoubleLine Mortgage ETF during the third quarter worth $689,000.

DoubleLine Mortgage ETF Stock Down 0.3%

Shares of DoubleLine Mortgage ETF stock opened at $48.22 on Friday. DoubleLine Mortgage ETF has a 12-month low of $48.19 and a 12-month high of $50.54. The stock’s fifty day moving average is $48.81 and its 200-day moving average is $49.36.

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.