Signal Advisors Wealth LLC Increases Stock Holdings in DoubleLine Mortgage ETF $DMBS

Signal Advisors Wealth LLC grew its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 24.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 253,340 shares of the company’s stock after purchasing an additional 49,227 shares during the period. DoubleLine Mortgage ETF makes up approximately 1.1% of Signal Advisors Wealth LLC’s portfolio, making the stock its 17th biggest holding. Signal Advisors Wealth LLC owned about 2.35% of DoubleLine Mortgage ETF worth $12,586,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Gradient Investments LLC grew its position in DoubleLine Mortgage ETF by 28.3% in the 3rd quarter. Gradient Investments LLC now owns 2,406,817 shares of the company’s stock valued at $119,571,000 after buying an additional 531,491 shares during the last quarter. Evergreen Capital Management LLC lifted its stake in shares of DoubleLine Mortgage ETF by 123.8% in the 1st quarter. Evergreen Capital Management LLC now owns 568,595 shares of the company’s stock worth $27,890,000 after acquiring an additional 314,494 shares during the period. TPG Financial Advisors LLC purchased a new stake in shares of DoubleLine Mortgage ETF in the second quarter valued at about $9,776,000. Foundations Investment Advisors LLC boosted its holdings in shares of DoubleLine Mortgage ETF by 91.1% in the second quarter. Foundations Investment Advisors LLC now owns 338,537 shares of the company’s stock valued at $16,612,000 after acquiring an additional 161,347 shares in the last quarter. Finally, Hobbs Group Advisors LLC increased its stake in shares of DoubleLine Mortgage ETF by 75.8% during the second quarter. Hobbs Group Advisors LLC now owns 196,992 shares of the company’s stock worth $9,666,000 after acquiring an additional 84,935 shares during the period.

DoubleLine Mortgage ETF Stock Performance

Shares of NYSEARCA:DMBS opened at $49.81 on Friday. DoubleLine Mortgage ETF has a 52 week low of $46.84 and a 52 week high of $50.21. The company has a 50-day moving average price of $49.83 and a 200 day moving average price of $49.33.

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.