DoubleLine Mortgage ETF (NYSEARCA:DMBS) Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC lessened its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBSFree Report) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 293,859 shares of the company’s stock after selling 11,289 shares during the period. Motley Fool Wealth Management LLC owned about 4.66% of DoubleLine Mortgage ETF worth $14,808,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC purchased a new stake in DoubleLine Mortgage ETF during the second quarter worth $46,000. Peterson Financial Group Inc. purchased a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter worth about $129,000. AlphaStar Capital Management LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 2nd quarter valued at about $249,000. Latitude Advisors LLC purchased a new position in shares of DoubleLine Mortgage ETF in the 3rd quarter valued at about $300,000. Finally, Maripau Wealth Management LLC increased its stake in shares of DoubleLine Mortgage ETF by 32.8% during the third quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after purchasing an additional 2,668 shares in the last quarter.

DoubleLine Mortgage ETF Stock Up 0.0 %

Shares of NYSEARCA:DMBS opened at $48.89 on Wednesday. The business’s 50 day moving average price is $49.16 and its 200-day moving average price is $49.11. DoubleLine Mortgage ETF has a 1 year low of $47.00 and a 1 year high of $50.71.

DoubleLine Mortgage ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Receive News & Ratings for DoubleLine Mortgage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleLine Mortgage ETF and related companies with MarketBeat.com's FREE daily email newsletter.