Hobbs Group Advisors LLC Has $4.21 Million Holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Hobbs Group Advisors LLC increased its holdings in DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 53.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 87,504 shares of the company’s stock after purchasing an additional 30,305 shares during the period. DoubleLine Mortgage ETF accounts for approximately 1.6% of Hobbs Group Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Hobbs Group Advisors LLC’s holdings in DoubleLine Mortgage ETF were worth $4,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. SeaBridge Investment Advisors LLC increased its stake in shares of DoubleLine Mortgage ETF by 1.2% in the fourth quarter. SeaBridge Investment Advisors LLC now owns 26,890 shares of the company’s stock valued at $1,293,000 after buying an additional 331 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in DoubleLine Mortgage ETF by 10.2% in the third quarter. Orion Portfolio Solutions LLC now owns 7,784 shares of the company’s stock valued at $392,000 after acquiring an additional 722 shares during the last quarter. Maripau Wealth Management LLC increased its position in DoubleLine Mortgage ETF by 21.2% during 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. Sugarloaf Wealth Management LLC raised its holdings in DoubleLine Mortgage ETF by 4.6% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 62,531 shares of the company’s stock worth $3,008,000 after purchasing an additional 2,722 shares during the last quarter. Finally, Lord & Richards Wealth Management LLC acquired a new position in shares of DoubleLine Mortgage ETF in the 4th quarter worth approximately $274,000.

DoubleLine Mortgage ETF Trading Up 0.6 %

DMBS opened at $48.98 on Friday. DoubleLine Mortgage ETF has a twelve month low of $47.00 and a twelve month high of $50.71. The company has a fifty day moving average of $48.61 and a 200-day moving average of $48.85.

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.