Brown Financial Advisors grew its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) by 6.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,939 shares of the company’s stock after purchasing an additional 13,281 shares during the quarter. DoubleLine Mortgage ETF makes up about 3.7% of Brown Financial Advisors’ holdings, making the stock its 2nd largest position. Brown Financial Advisors owned approximately 1.50% of DoubleLine Mortgage ETF worth $10,649,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in DoubleLine Mortgage ETF during the first quarter worth $569,000. Flow Traders U.S. LLC bought a new position in DoubleLine Mortgage ETF during the 2nd quarter valued at $205,000. MML Investors Services LLC boosted its holdings in DoubleLine Mortgage ETF by 18.5% during 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 boosted its holdings in DoubleLine Mortgage ETF by 77.5% during 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 bought a new stake in shares of DoubleLine Mortgage ETF in the 3rd quarter worth $689,000.
DoubleLine Mortgage ETF Stock Performance
Shares of DMBS stock opened at $47.92 on Monday. The firm has a 50-day moving average of $48.42 and a 200-day moving average of $49.01. DoubleLine Mortgage ETF has a one year low of $47.72 and a one 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.
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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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