ORG Partners LLC Makes New $46,000 Investment in DoubleLine Mortgage ETF (NYSEARCA:DMBS)

ORG Partners LLC bought a new position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 936 shares of the company’s stock, valued at approximately $46,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ancora Advisors LLC increased its holdings in DoubleLine Mortgage ETF by 200.0% during the 3rd quarter. Ancora Advisors LLC now owns 3,000 shares of the company’s stock worth $141,000 after purchasing an additional 2,000 shares in the last quarter. Mutual Advisors LLC bought a new stake in DoubleLine Mortgage ETF during the 3rd quarter worth approximately $294,000. SeaBridge Investment Advisors LLC bought a new position in shares of DoubleLine Mortgage ETF in the third quarter valued at approximately $860,000. Cravens & Co Advisors LLC grew its holdings in shares of DoubleLine Mortgage ETF by 1.7% in the third quarter. Cravens & Co Advisors LLC now owns 24,660 shares of the company’s stock valued at $1,159,000 after acquiring an additional 423 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its holdings in shares of DoubleLine Mortgage ETF by 4.3% in the third quarter. Sugarloaf Wealth Management LLC now owns 36,271 shares of the company’s stock valued at $1,705,000 after acquiring an additional 1,481 shares in the last quarter.

DoubleLine Mortgage ETF Stock Down 0.7 %

DMBS stock opened at $47.27 on Tuesday. The business has a 50 day moving average of $48.35 and a 200-day moving average of $48.01. DoubleLine Mortgage ETF has a 12-month low of $45.27 and a 12-month high of $50.46.

DoubleLine Mortgage ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.1872 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from DoubleLine Mortgage ETF’s previous dividend of $0.14.

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.