Compass Financial Group Inc. Ohio purchased a new stake in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 95,309 shares of the company’s stock, valued at approximately $4,733,000. DoubleLine Mortgage ETF makes up about 3.5% of Compass Financial Group Inc. Ohio’s investment portfolio, making the stock its 10th biggest position. Compass Financial Group Inc. Ohio owned about 0.69% of DoubleLine Mortgage ETF as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of the business. Flow Traders U.S. LLC bought a new stake in DoubleLine Mortgage ETF in the second quarter worth $205,000. Susquehanna International Group LLP bought a new position in DoubleLine Mortgage ETF during the third quarter valued at about $211,000. Huntington National Bank bought a new position in DoubleLine Mortgage ETF during the fourth quarter valued at about $218,000. Guardian Wealth Advisors LLC NC lifted its position in shares of DoubleLine Mortgage ETF by 6.8% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 4,818 shares of the company’s stock worth $239,000 after buying an additional 306 shares during the last quarter. Finally, Argus Investors Counsel Inc. acquired a new stake in shares of DoubleLine Mortgage ETF in the fourth quarter worth about $260,000.
DoubleLine Mortgage ETF Stock Performance
DMBS opened at $49.00 on Friday. The stock has a 50-day moving average of $49.09 and a 200-day moving average of $49.51. 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.
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Want to see what other hedge funds are holding DMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report).
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