Foundations Investment Advisors LLC Takes Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Foundations Investment Advisors LLC purchased a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 24,201 shares of the company’s stock, valued at approximately $1,168,000. Foundations Investment Advisors LLC owned approximately 0.38% of DoubleLine Mortgage ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. ORG Partners LLC purchased a new position in DoubleLine Mortgage ETF in the second quarter valued at $46,000. AlphaStar Capital Management LLC bought a new position in shares of DoubleLine Mortgage ETF in the second quarter valued at about $249,000. Triad Wealth Partners LLC purchased a new position in shares of DoubleLine Mortgage ETF in the first quarter worth about $430,000. SeaBridge Investment Advisors LLC raised its stake in shares of DoubleLine Mortgage ETF by 4.5% in the first quarter. SeaBridge Investment Advisors LLC now owns 19,002 shares of the company’s stock valued at $925,000 after buying an additional 810 shares in the last quarter. Finally, Cravens & Co Advisors LLC boosted its holdings in shares of DoubleLine Mortgage ETF by 5.5% in the first quarter. Cravens & Co Advisors LLC now owns 24,545 shares of the company’s stock valued at $1,195,000 after purchasing an additional 1,275 shares during the last quarter.

DoubleLine Mortgage ETF Stock Performance

Shares of DMBS stock opened at $50.27 on Friday. The company has a 50-day moving average price of $49.28 and a 200-day moving average price of $48.51. DoubleLine Mortgage ETF has a fifty-two week low of $45.27 and a fifty-two week high of $50.52.

DoubleLine Mortgage ETF Profile

(Free report)

Doubleline Etf Trust – Mortgage ETF (DMBS) is an exchange-traded fund that invests largely in investment-grade fixed income. The Fund is an actively managed portfolio of investment-grade residential mortgage-backed securities of any maturity. The fund aims to outperform the Bloomberg US Mortgage-Backed Securities DMBS Index was launched on March 31, 2023 and is managed by DoubleLine.

Further reading

Want to see what other hedge funds hold 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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