Orion Portfolio Solutions LLC Purchases 722 Shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS)

Orion Portfolio Solutions LLC lifted its position in shares of DoubleLine Mortgage ETF (NYSEARCA:DMBS) by 10.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,784 shares of the company’s stock after purchasing an additional 722 shares during the period. Orion Portfolio Solutions LLC owned 0.12% of DoubleLine Mortgage ETF worth $392,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Peterson Financial Group Inc. bought a new position in shares of DoubleLine Mortgage ETF during the 3rd quarter worth approximately $129,000. AlphaStar Capital Management LLC bought a new stake in DoubleLine Mortgage ETF during the second quarter worth $249,000. Latitude Advisors LLC purchased a new position in DoubleLine Mortgage ETF in the third quarter worth $300,000. Maripau Wealth Management LLC grew its stake in DoubleLine Mortgage ETF by 32.8% in the 3rd quarter. Maripau Wealth Management LLC now owns 10,809 shares of the company’s stock valued at $545,000 after purchasing an additional 2,668 shares during the period. Finally, SeaBridge Investment Advisors LLC increased its position in shares of DoubleLine Mortgage ETF by 12.6% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 21,393 shares of the company’s stock valued at $1,032,000 after purchasing an additional 2,391 shares during the last quarter.

DoubleLine Mortgage ETF Price Performance

Shares of NYSEARCA:DMBS opened at $48.26 on Thursday. The company’s 50-day moving average is $48.86 and its 200 day moving average is $49.18. DoubleLine Mortgage ETF has a fifty-two week low of $47.00 and a fifty-two week high of $50.71.

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.