Paladin Wealth LLC Has $5.39 Million Position in DoubleLine Mortgage ETF $DMBS

Paladin Wealth LLC grew its stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 11.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 109,238 shares of the company’s stock after purchasing an additional 11,170 shares during the quarter. DoubleLine Mortgage ETF comprises about 3.7% of Paladin Wealth LLC’s portfolio, making the stock its 2nd biggest holding. Paladin Wealth LLC’s holdings in DoubleLine Mortgage ETF were worth $5,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in DMBS. World Investment Advisors acquired a new stake in shares of DoubleLine Mortgage ETF in the 4th quarter valued at approximately $1,311,000. Compass Financial Group Inc. Ohio bought a new position in shares of DoubleLine Mortgage ETF in the fourth quarter valued at $4,733,000. Astoria Portfolio Advisors LLC. grew its stake in shares of DoubleLine Mortgage ETF by 108.9% in the fourth quarter. Astoria Portfolio Advisors LLC. now owns 318,868 shares of the company’s stock valued at $16,043,000 after buying an additional 166,243 shares in the last quarter. Bauman Advisory Group LLC acquired a new position in DoubleLine Mortgage ETF during the fourth quarter worth $402,000. Finally, Compound Planning Inc. increased its holdings in DoubleLine Mortgage ETF by 1,467.1% during the fourth quarter. Compound Planning Inc. now owns 272,928 shares of the company’s stock worth $13,552,000 after buying an additional 255,512 shares during the last quarter.

DoubleLine Mortgage ETF Price Performance

NYSEARCA DMBS opened at $49.00 on Friday. The firm’s fifty day moving average price is $49.09 and its two-hundred day moving average price is $49.51. DoubleLine Mortgage ETF has a 1 year low of $48.19 and a 1 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.