Integrated Wealth Concepts LLC Increases Position in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Integrated Wealth Concepts LLC lifted its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 8.8% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 84,731 shares of the company’s stock after buying an additional 6,873 shares during the period. Integrated Wealth Concepts LLC’s holdings in DoubleLine Mortgage ETF were worth $4,270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. ORG Partners LLC purchased a new position in shares of DoubleLine Mortgage ETF in the 2nd quarter worth approximately $46,000. AMI Investment Management Inc. raised its holdings in shares of DoubleLine Mortgage ETF by 0.7% in the 3rd quarter. AMI Investment Management Inc. now owns 211,126 shares of the company’s stock worth $10,639,000 after purchasing an additional 1,396 shares during the period. SeaBridge Investment Advisors LLC raised its holdings in shares of DoubleLine Mortgage ETF by 12.6% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 21,393 shares of the company’s stock worth $1,032,000 after purchasing an additional 2,391 shares during the period. Peterson Financial Group Inc. bought a new stake in shares of DoubleLine Mortgage ETF in the 3rd quarter worth approximately $129,000. Finally, Maripau Wealth Management LLC raised its holdings in shares of DoubleLine Mortgage ETF by 32.8% in the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock worth $545,000 after purchasing an additional 2,668 shares during the period.

DoubleLine Mortgage ETF Stock Up 0.3 %

NYSEARCA:DMBS opened at $49.04 on Thursday. The firm’s 50 day moving average is $49.12 and its 200 day moving average is $49.12. DoubleLine Mortgage ETF has a 12 month low of $47.00 and a 12 month high of $50.71.

DoubleLine Mortgage ETF 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.