Motley Fool Wealth Management LLC Has $10.20 Million Stake in DoubleLine Mortgage ETF $DMBS

Motley Fool Wealth Management LLC trimmed its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 12.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,476 shares of the company’s stock after selling 28,266 shares during the period. Motley Fool Wealth Management LLC owned approximately 1.48% of DoubleLine Mortgage ETF worth $10,203,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. Jane Street Group LLC bought a new position in shares of DoubleLine Mortgage ETF in the first quarter worth about $569,000. Flow Traders U.S. LLC bought a new position in shares of DoubleLine Mortgage ETF in the second quarter worth about $205,000. MML Investors Services LLC lifted its holdings in shares of DoubleLine Mortgage ETF by 18.5% in the second quarter. MML Investors Services LLC now owns 83,867 shares of the company’s stock worth $4,115,000 after acquiring an additional 13,120 shares during the last quarter. Puff Wealth Management LLC lifted its holdings in shares of DoubleLine Mortgage ETF by 77.5% in the second quarter. Puff Wealth Management LLC now owns 25,792 shares of the company’s stock worth $1,266,000 after acquiring an additional 11,261 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of DoubleLine Mortgage ETF by 2.0% in the third quarter. Envestnet Asset Management Inc. now owns 466,992 shares of the company’s stock worth $23,200,000 after acquiring an additional 9,089 shares during the last quarter.

DoubleLine Mortgage ETF Price Performance

DMBS stock opened at $48.72 on Wednesday. DoubleLine Mortgage ETF has a 12 month low of $48.14 and a 12 month high of $50.54. The firm has a 50-day moving average price of $49.14 and a 200-day moving average price of $49.57.

DoubleLine Mortgage ETF Company 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.