DoubleLine Multi-Sector Income ETF $DMX Shares Bought by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC boosted its stake in shares of DoubleLine Multi-Sector Income ETF (NYSEARCA:DMX) by 21.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 163,628 shares of the company’s stock after purchasing an additional 28,998 shares during the period. Foundations Investment Advisors LLC owned approximately 14.88% of DoubleLine Multi-Sector Income ETF worth $8,297,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Jane Street Group LLC acquired a new position in shares of DoubleLine Multi-Sector Income ETF in the 1st quarter valued at about $360,000. Intrepid Financial Planning Group LLC purchased a new position in DoubleLine Multi-Sector Income ETF during the second quarter valued at approximately $402,000. Seascape Capital Management raised its position in DoubleLine Multi-Sector Income ETF by 37.3% during the third quarter. Seascape Capital Management now owns 121,108 shares of the company’s stock valued at $6,141,000 after acquiring an additional 32,875 shares in the last quarter. Finally, Hippocratic Financial Advisors LLC lifted its holdings in DoubleLine Multi-Sector Income ETF by 10.2% in the third quarter. Hippocratic Financial Advisors LLC now owns 477,047 shares of the company’s stock valued at $24,189,000 after acquiring an additional 44,156 shares during the period.

DoubleLine Multi-Sector Income ETF Stock Performance

DoubleLine Multi-Sector Income ETF stock opened at $50.67 on Friday. DoubleLine Multi-Sector Income ETF has a 12 month low of $48.45 and a 12 month high of $50.87. The stock’s 50 day simple moving average is $50.57 and its two-hundred day simple moving average is $50.50.

About DoubleLine Multi-Sector Income ETF

The DoubleLine Multi-Sector Income ETF (DMX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide income and, to a lesser extent, capital appreciation. The fund invests in a broad-based, US bond portfolio of varying credit qualities with intermediate maturities. DMX was launched on Nov 29, 2024 and is issued by DoubleLine.