DoubleLine Mortgage ETF (NYSEARCA:DMBS) Stock Position Boosted by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY boosted its stake in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 3.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 903,759 shares of the company’s stock after buying an additional 30,231 shares during the period. DoubleLine Mortgage ETF accounts for 2.4% of Cobblestone Capital Advisors LLC NY’s portfolio, making the stock its 12th biggest holding. Cobblestone Capital Advisors LLC NY owned about 14.35% of DoubleLine Mortgage ETF worth $43,471,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Peterson Financial Group Inc. bought a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at about $129,000. Lord & Richards Wealth Management LLC bought a new position in DoubleLine Mortgage ETF in the 4th quarter valued at about $274,000. Latitude Advisors LLC bought a new position in DoubleLine Mortgage ETF in the 3rd quarter valued at about $300,000. Orion Portfolio Solutions LLC grew its position in DoubleLine Mortgage ETF by 10.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock valued at $392,000 after buying an additional 722 shares in the last quarter. Finally, Canandaigua National Trust Co of Florida bought a new position in DoubleLine Mortgage ETF in the 4th quarter valued at about $545,000.

DoubleLine Mortgage ETF Trading Up 0.4 %

Shares of DMBS opened at $49.27 on Friday. DoubleLine Mortgage ETF has a 52-week low of $47.00 and a 52-week high of $50.71. The firm has a 50-day moving average price of $48.20 and a 200 day moving average price of $49.01.

About DoubleLine Mortgage ETF

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.