Mather Group LLC. Invests $3.80 Million in DoubleLine Mortgage ETF $DMBS

Mather Group LLC. purchased a new position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 77,480 shares of the company’s stock, valued at approximately $3,802,000.

Several other institutional investors and hedge funds also recently modified their holdings of DMBS. GTS Securities LLC bought a new position in shares of DoubleLine Mortgage ETF in the fourth quarter worth $362,000. Parallel Advisors LLC grew its stake in shares of DoubleLine Mortgage ETF by 7.4% in the first quarter. Parallel Advisors LLC now owns 8,302 shares of the company’s stock worth $407,000 after purchasing an additional 572 shares in the last quarter. Integrated Capital Management Inc. grew its stake in shares of DoubleLine Mortgage ETF by 1.1% in the first quarter. Integrated Capital Management Inc. now owns 120,272 shares of the company’s stock worth $5,899,000 after purchasing an additional 1,347 shares in the last quarter. AMI Investment Management Inc. grew its stake in shares of DoubleLine Mortgage ETF by 5.2% in the first quarter. AMI Investment Management Inc. now owns 250,753 shares of the company’s stock worth $12,299,000 after purchasing an additional 12,484 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its stake in shares of DoubleLine Mortgage ETF by 536.7% in the first quarter. Signal Advisors Wealth LLC now owns 121,837 shares of the company’s stock worth $5,976,000 after purchasing an additional 102,701 shares in the last quarter.

DoubleLine Mortgage ETF Price Performance

NYSEARCA:DMBS opened at $49.75 on Thursday. DoubleLine Mortgage ETF has a 1 year low of $46.84 and a 1 year high of $50.54. The business has a fifty day moving average of $49.27 and a 200-day moving average of $48.80.

DoubleLine Mortgage ETF Company 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.