Tortoise Investment Management LLC Sells 12,517 Shares of DoubleLine Mortgage ETF $DMBS

Tortoise Investment Management LLC lowered its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 39.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,336 shares of the company’s stock after selling 12,517 shares during the period. Tortoise Investment Management LLC owned approximately 0.13% of DoubleLine Mortgage ETF worth $949,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DMBS. Root Financial Partners LLC bought a new position in shares of DoubleLine Mortgage ETF in the 1st quarter valued at approximately $48,000. Royal Bank of Canada acquired a new stake in shares of DoubleLine Mortgage ETF in the first quarter worth $51,000. Compass Financial Management LLC acquired a new stake in shares of DoubleLine Mortgage ETF in the second quarter worth $60,000. Sound Income Strategies LLC bought a new stake in shares of DoubleLine Mortgage ETF during the 1st quarter worth $101,000. Finally, Walser Wealth Management Company A Ltd Liability Co acquired a new position in DoubleLine Mortgage ETF in the 1st quarter valued at $203,000.

DoubleLine Mortgage ETF Trading Down 0.3%

Shares of DMBS opened at $47.67 on Thursday. DoubleLine Mortgage ETF has a one year low of $47.61 and a one year high of $50.54. The company’s fifty day moving average price is $48.35 and its 200 day moving average price is $48.96.

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.