DoubleLine Mortgage ETF $DMBS Stock Holdings Lifted by Savvy Advisors Inc.

Savvy Advisors Inc. increased its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 12.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 210,463 shares of the company’s stock after buying an additional 22,643 shares during the period. Savvy Advisors Inc.’s holdings in DoubleLine Mortgage ETF were worth $10,451,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Flow Traders U.S. LLC acquired a new stake in DoubleLine Mortgage ETF during the second quarter worth about $205,000. Susquehanna International Group LLP acquired a new position in DoubleLine Mortgage ETF in the third quarter valued at approximately $211,000. Prime Capital Investment Advisors LLC bought a new position in shares of DoubleLine Mortgage ETF during the third quarter valued at approximately $250,000. Silverlake Wealth Management LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $346,000. Finally, A4 Wealth Advisors LLC acquired a new stake in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $346,000.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA DMBS opened at $49.30 on Friday. DoubleLine Mortgage ETF has a 12-month low of $46.84 and a 12-month high of $50.54. The stock’s 50 day simple moving average is $49.78 and its 200 day simple moving average is $49.78.

DoubleLine Mortgage ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were paid a $0.2122 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from DoubleLine Mortgage ETF’s previous monthly dividend of $0.21. This represents a c) dividend on an annualized basis and a yield of 5.2%.

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.