DoubleLine Mortgage ETF $DMBS Position Reduced by Compound Planning Inc.

Compound Planning Inc. trimmed its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 12.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 239,485 shares of the company’s stock after selling 33,443 shares during the period. Compound Planning Inc. owned approximately 1.70% of DoubleLine Mortgage ETF worth $11,826,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DMBS. W.G. Shaheen & Associates DBA Whitney & Co increased its position in shares of DoubleLine Mortgage ETF by 5.7% during the 1st quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 197,487 shares of the company’s stock valued at $9,752,000 after purchasing an additional 10,738 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of DoubleLine Mortgage ETF by 1.1% in the first quarter. Bank of New York Mellon Corp now owns 727,272 shares of the company’s stock valued at $35,913,000 after buying an additional 8,150 shares during the period. Milestones Private Investment Advisors LLC lifted its holdings in shares of DoubleLine Mortgage ETF by 2.2% in the first quarter. Milestones Private Investment Advisors LLC now owns 32,887 shares of the company’s stock valued at $1,624,000 after buying an additional 718 shares during the period. Fifth Third Bancorp bought a new position in DoubleLine Mortgage ETF during the first quarter valued at about $284,000. Finally, Waterfront Wealth Inc. bought a new position in DoubleLine Mortgage ETF during the first quarter valued at about $211,000.

DoubleLine Mortgage ETF Stock Down 0.3%

NYSEARCA:DMBS opened at $48.22 on Friday. The business’s 50-day moving average price is $48.81 and its 200 day moving average price is $49.36. DoubleLine Mortgage ETF has a 52-week low of $48.19 and a 52-week high of $50.54.

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.