209,687 Shares in DoubleLine Mortgage ETF (NYSEARCA:DMBS) Purchased by Tortoise Investment Management LLC

Tortoise Investment Management LLC bought a new stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBSFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 209,687 shares of the company’s stock, valued at approximately $10,377,000. DoubleLine Mortgage ETF accounts for 1.4% of Tortoise Investment Management LLC’s portfolio, making the stock its 19th largest holding. Tortoise Investment Management LLC owned approximately 0.10% of DoubleLine Mortgage ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of DMBS. Cravens & Co Advisors LLC increased its holdings in DoubleLine Mortgage ETF by 1.7% in the 3rd quarter. Cravens & Co Advisors LLC now owns 24,660 shares of the company’s stock worth $1,159,000 after acquiring an additional 423 shares in the last quarter. ORG Partners LLC purchased a new stake in DoubleLine Mortgage ETF during the 4th quarter valued at approximately $46,000. Sugarloaf Wealth Management LLC grew its holdings in DoubleLine Mortgage ETF by 4.3% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 36,271 shares of the company’s stock valued at $1,705,000 after buying an additional 1,481 shares in the last quarter. Ancora Advisors LLC grew its holdings in DoubleLine Mortgage ETF by 200.0% during the 3rd quarter. Ancora Advisors LLC now owns 3,000 shares of the company’s stock valued at $141,000 after buying an additional 2,000 shares in the last quarter. Finally, Mutual Advisors LLC purchased a new stake in DoubleLine Mortgage ETF during the 3rd quarter valued at approximately $294,000.

DoubleLine Mortgage ETF Stock Up 0.2 %

Shares of NYSEARCA DMBS traded up $0.08 during midday trading on Friday, reaching $48.66. 20,706 shares of the stock traded hands, compared to its average volume of 52,236. The company’s 50 day moving average is $47.76 and its 200 day moving average is $48.38. DoubleLine Mortgage ETF has a one year low of $45.27 and a one year high of $49.72.

DoubleLine Mortgage ETF 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.

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

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