Congress Wealth Management LLC DE Purchases 48,980 Shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Congress Wealth Management LLC DE lifted its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 9.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 551,338 shares of the company’s stock after purchasing an additional 48,980 shares during the period. Congress Wealth Management LLC DE owned 8.75% of DoubleLine Mortgage ETF worth $26,519,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in DMBS. Lord & Richards Wealth Management LLC acquired a new stake in DoubleLine Mortgage ETF in the 4th quarter valued at approximately $274,000. Parallel Advisors LLC grew its stake in shares of DoubleLine Mortgage ETF by 1,089.2% in the fourth quarter. Parallel Advisors LLC now owns 7,730 shares of the company’s stock worth $372,000 after acquiring an additional 7,080 shares during the last quarter. Orion Portfolio Solutions LLC increased its position in DoubleLine Mortgage ETF by 10.2% during the third quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock worth $392,000 after acquiring an additional 722 shares during the period. Canandaigua National Trust Co of Florida acquired a new position in DoubleLine Mortgage ETF during the 4th quarter valued at $545,000. Finally, Maripau Wealth Management LLC boosted its holdings in DoubleLine Mortgage ETF by 21.2% in the 4th quarter. Maripau Wealth Management LLC now owns 13,105 shares of the company’s stock valued at $630,000 after purchasing an additional 2,296 shares during the period.

DoubleLine Mortgage ETF Stock Performance

NYSEARCA DMBS opened at $49.00 on Monday. The company’s fifty day moving average is $48.50 and its two-hundred day moving average is $48.88. DoubleLine Mortgage ETF has a 52-week low of $47.00 and a 52-week high of $50.71.

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.