DoubleLine Mortgage ETF $DMBS Shares Bought by Vermillion & White Wealth Management Group LLC

Vermillion & White Wealth Management Group LLC grew its holdings in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 19,520.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,944 shares of the company’s stock after buying an additional 33,771 shares during the quarter. DoubleLine Mortgage ETF accounts for about 1.0% of Vermillion & White Wealth Management Group LLC’s investment portfolio, making the stock its 14th largest holding. Vermillion & White Wealth Management Group LLC’s holdings in DoubleLine Mortgage ETF were worth $1,686,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Waterloo Capital L.P. increased its stake in shares of DoubleLine Mortgage ETF by 6.7% in the third quarter. Waterloo Capital L.P. now owns 6,992 shares of the company’s stock worth $347,000 after buying an additional 436 shares during the last quarter. Milestones Private Investment Advisors LLC boosted its stake in DoubleLine Mortgage ETF by 2.6% during the 3rd quarter. Milestones Private Investment Advisors LLC now owns 21,876 shares of the company’s stock valued at $1,087,000 after acquiring an additional 546 shares during the last quarter. Allworth Financial LP bought a new position in DoubleLine Mortgage ETF during the 2nd quarter valued at $36,000. Howard Bailey Securities LLC grew its holdings in DoubleLine Mortgage ETF by 7.0% during the 3rd quarter. Howard Bailey Securities LLC now owns 14,392 shares of the company’s stock worth $715,000 after acquiring an additional 942 shares in the last quarter. Finally, Aptus Capital Advisors LLC grew its holdings in DoubleLine Mortgage ETF by 9.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 14,453 shares of the company’s stock worth $718,000 after acquiring an additional 1,196 shares in the last quarter.

DoubleLine Mortgage ETF Price Performance

DMBS opened at $49.78 on Wednesday. The company has a 50-day moving average of $49.93 and a 200-day moving average of $49.83. DoubleLine Mortgage ETF has a 1-year low of $46.84 and a 1-year high of $50.54.

DoubleLine Mortgage ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.2122 dividend. This represents a c) dividend on an annualized basis and a yield of 5.1%. This is a positive change from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21. The ex-dividend date was Monday, March 2nd.

DoubleLine Mortgage ETF 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.