DoubleLine Mortgage ETF $DMBS Holdings Boosted by Gradient Investments LLC

Gradient Investments LLC raised its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 10.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,653,434 shares of the company’s stock after buying an additional 246,617 shares during the quarter. DoubleLine Mortgage ETF comprises about 2.1% of Gradient Investments LLC’s holdings, making the stock its 6th largest position. Gradient Investments LLC owned approximately 19.74% of DoubleLine Mortgage ETF worth $131,756,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DMBS. Commonwealth Equity Services LLC purchased a new stake in shares of DoubleLine Mortgage ETF in the third quarter valued at about $10,559,000. Foundations Investment Advisors LLC increased its stake in shares of DoubleLine Mortgage ETF by 27.4% during the third quarter. Foundations Investment Advisors LLC now owns 431,365 shares of the company’s stock worth $21,430,000 after acquiring an additional 92,828 shares during the period. Tortoise Investment Management LLC raised its holdings in DoubleLine Mortgage ETF by 26.1% during the third quarter. Tortoise Investment Management LLC now owns 403,640 shares of the company’s stock worth $20,053,000 after purchasing an additional 83,619 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in DoubleLine Mortgage ETF by 13.6% during the second quarter. Evergreen Capital Management LLC now owns 645,725 shares of the company’s stock worth $31,686,000 after purchasing an additional 77,130 shares in the last quarter. Finally, CW Advisors LLC lifted its position in DoubleLine Mortgage ETF by 10.3% in the second quarter. CW Advisors LLC now owns 644,973 shares of the company’s stock valued at $31,649,000 after purchasing an additional 60,480 shares during the period.

DoubleLine Mortgage ETF Stock Down 0.9%

Shares of DMBS opened at $49.08 on Monday. DoubleLine Mortgage ETF has a twelve month low of $46.84 and a twelve month high of $50.54. The stock’s 50 day moving average is $49.91 and its two-hundred day moving average is $49.83.

DoubleLine Mortgage ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were issued a $0.2122 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 5.2%. This is an increase from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21.

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.