DoubleLine Mortgage ETF $DMBS Stock Sold by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co reduced its position in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 97.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,967 shares of the company’s stock after selling 203,167 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in DoubleLine Mortgage ETF were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of DMBS. Ashton Thomas Securities LLC bought a new stake in shares of DoubleLine Mortgage ETF in the third quarter worth $42,000. Royal Bank of Canada purchased a new stake in DoubleLine Mortgage ETF during the first quarter valued at $51,000. Compass Financial Management LLC bought a new position in DoubleLine Mortgage ETF in the second quarter valued at about $60,000. Waterfront Wealth Inc. bought a new position in DoubleLine Mortgage ETF in the first quarter valued at about $211,000. Finally, Westshore Wealth LLC bought a new position in DoubleLine Mortgage ETF in the first quarter valued at about $214,000.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA:DMBS opened at $47.27 on Friday. The stock’s 50-day simple moving average is $46.99 and its two-hundred day simple moving average is $48.62. DoubleLine Mortgage ETF has a 52-week low of $45.86 and a 52-week high of $50.54.

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.